Schiano The wording on the website is that you don't have a right to be on the property or even talk to the ownerThere is a difference between a right and the ability. 

I have not been in years I have heard you have been seeing some good growth.

The reasoning is to accelerate our ability to purchase properties as we each only need 50% of the down payment and closing costs.

Creative; strong problem solving and visualization abilities.

You can structure a 1031 Exchange with a Seller Carry Back Note, but it will complicate your 1031 Exchange and your ability to acquire your replacement property. 

But I look around my neighborhood (issaquah) and seattle in general and feel I am missing out on this tremendous growth.

If you default on the second mortgage or line of credit the lender would then have the ability and right to foreclose on your home, however, they would have to pay off the first mortgage.

If you want accurate values, you need to get comps and property assess a property.As far as future values go, you take take your best educated guess based on a variety of statistics (like job growth, population growth, increase in median wages, etc) but nobody has an accurate crystal ball.

I tend to acquire multifamily property in markets with a compelling growth story (of course the future is uncertain but it pays to begin in the right direction), improve the property to bump the income in the front side of the investment, then monitor for the optimal exit point.  

Thanks to a few meet ups and the fantastic podcasts/webinars on BP, we're "all in" these days for real estate to be a major wealth generating opportunity for us long term.Thus far, we've been VERY fortunate with our renters, because we spend quite a bit of time vetting them to the very best of our ability.