In my opinion, the Multi-Family deals on market in Snohomish County are not ideal right now to invest in especially for a first timer.

If none of this sounds appealing try wholesaling from a distance or working for one of the bigger wholesalers in your area to learn the ropes and add value Best not to take advice from people (especially unlicensed brokers) that either don't know or care about staying legal.

Just an hour south in Colorado Springs, they're wide open.)Something tells me that Chelsea, Alabama does not have any rules prohibiting short-term rentals or Airbnb -- especially since you've already been doing it -- but you'd hate to go through with furnishing two more places for it to fall through. 

Should we consider adding a bathroom and possibly a 4th bedroom if the area could support a 4/2 configuration especially if it’s stripped to the studs?

I think that you have a specific competitive advantage over casual investors in that you work full time in the field and can create opportunities based on your knowledge disparity vs the general public and should be looking to capitalize on that especially if you don't have millions in the bank.I took a similar path and it has been extremely beneficial for both facets of my business. 

I especially am looking for someone who understands SDIRAs and can assist with the year end reports.

Ibn,I have many homeowners with higher deductibles ($2500 - $10,000), especially in the higher end properties.  

What kind of checklists should I go though especially since I have never done this?

Especially the ones where others are giving their testimony of how they overcame obstacles and kept moving forward with their real estate goals. 

And especially something that has been remodeled.