Don't build if a neighbor is building because in Seattle that virtually guarantees a full site review.You need an expert team on dirt work and underground utilities.

Beware of developments with too many renters which would prohibit an exit strategy of selling using Fannie or FHA financing.Other than those considerations, investing in condos is just like investing in SFH, if the numbers don't work and it doesn't fit your investment goals, pass.Otherwise investing in condos could be a good thing since so many investors are self removing themselves from the condo market, therefore reducing competition. 

Before believing this market won't work for you, I encourage you to spend the time learning what is available with a fair amount of work and dilligence.

I thought this was a lofty goal, being that I still have to travel for about a month for work, finish up the training process for work, and save up for a down payment.  

If you do, you'll certainly appreciate the risks of shortcuts and half measures.

@Brian YoungThank you for the shortcut to the good stuff!

Tell them why the numbers don't work with that particular deal and show the broker what type of deal would work and ask that they contact you if they come across something that fits your criteria.  

If you connect with me I can give you a short cut tip to that.Let me know!

I'm talking, it was all of $1800 worth of work and they bought house for $30k under market value!

If your goal is to shortcut the study you may try asking the old-timers at your local real estate club who the player banks are.