When prices are low, more people can afford to purchase and fewer people rent leading to static or declining rents.The city requirement for rising prices and rents can be summarized as follows:Significant and sustained population growth.

This would give you access to long term fixed rate debt financing options, make it easier to self manage and allow you to more easily sell if you find real estate investing is not for you.Secondly, a positive cash flow of $24K annually from 18 units seems like a very low return given the prices larger multifamily properties (10+ units) are currently trading for in Snohomish County. 

Anyone one else constantly getting "low" confidence when trying to use the rent estimator even though you're searching broadly AND in a populated/busy area? 

You can’t treat MTR guests like hotel guests — but you also don’t need to run a full-blown tenant application either.I use a middle-ground screening system that keeps things professional and simple:-Verify employment or assignment letter (nurses, project workers, relocations)-Confirm ID + previous landlord or housing reference-Require a refundable deposit or insurance coverageThe goal: balance safety with speed.

., delaying closing, jeopardizing the buyer’s earnest money, losing the property for the buyer by not performing on their end, dangling a low rate then baiting and switching/ hidden fees, basically terrible customer service all around and over-promising then under-delivering).

If you get both of those aligned, it’s still one of the better “low cash in” structures out there. 

A little late to the party on this one, but hey, congrats on having a property that cash flows and low interest rate - you must've jumped in at the right time.

We go as low as 8% - 8.5% to experienced flippers/builders.

I was making very low cashflow due to several things including a super high interest rate.

If you flip or wholetail, your profit is taxed as ordinary income, so you’ll pay higher rates and possibly self-employment tax.If you hold and rent, you’ll get depreciation, interest, and expense deductions that can offset rental income and lower your overall tax bill.