@Brian FooteHiIt's going to be hard to say precisely without knowledge of your market however those rent numbers are pretty good if I'm seeing the $1600+ for what you're getting into the property for.The 'gotchas' that I see that I'd want you to really be comfortable with would be that repair cost number - this would have to be a pretty light rehab where you're maybe doing a facelift, etc. 

From my basic knowledge and research on BP, I don’t see Seattle being a good market for rental investing.

I've talked to a few people about doing rentals and most of their responses are about the same "start of with a cheaper small house, rent it out and gradually work towards getting more lots and then work bigger towards dupleces and so on" I need direction for learning tools I really am starting fresh, I don't have knowledge really at all on market what factors that are in play when going to buy a house or renting it out or anything like that.

@Alan Zee connect with @Nestor Rosero, he’s a real estate agent in Northern New Jersey that is a great and knowledgeable.

My goal is to hustle and gain the knowledge it takes to succeed as a real estate investor. 

After much research, I realize we bought the property without enough knowledge as to what all goes into a rental property, so that was definitely a huge learning point.

It's a combination of knowledge and skill.

Contacted the LandLord and we hit it off immediately, he’s the owner and one who built the house originally, he listens to bigger pockets and was immediately sharing knowledge with me.

Wonderful for mire knowledge and being in the know.

I am a full time carpenter in the union and very eager to put my tools and knowledge to work for myself, and by doing so gain financial freedom.