I'm extremely familiar with the area and most of the surrounding suburbs.  

Self-managing it from Seattle might be problematic depending on how lucky you get.Car insurance rates are particularly high in 98418 due to all of the above.The sex offenders residing in that zip code are extremely high as well.

Vacancy rate is extremely low and you can get much more for less in this area.

I guess where I could really focus in on is credibility for the business at surface level.Thanks for your contribution to the post, extremely valuable nuggets you're dropping! 

The model - The relationship between an investor and a syndicator as it relates to how income and profits are split is extremely important. 

In the end, I am extremely happy that we decided to rent the property.

Some cites have extremely high taxes and neighboring cities are much lower.

Pardon my barrage of questions, but if anyone is willing to tackle this, I would be extremely grateful. :) 

As previous posters have mentioned when first starting out focus is key, but I would actually recommend not starting out with wholesaling, it is extremely difficult and most of the time you put hundreds-thousands of dollars into direct mail with no guarantee of a return. 

It's extremely difficult if not impossible to actually get it pushed through.