Then as time went on an prices kept skyrocketing I realized Seattle, and many other trendy metros, were in bubble territory.

You're in a unique part of the country that was absolutely clobbered in the last real estate bubble.

I had the unfortunate timing to buy right before the bubble popped, and ended up $50k+ flipped.

If u r numbers focused, how does the possibility of a subprime auto lending bubble effect Detroit?

"a" major employer or two does not infill that gap, or let's call it what it is, a bubble.

Until business dies (unlikely) or they make significant changes to the cost of development we will continue to see higher rents and home prices. the bubble will burst when supply finally outpaces demand -not anytime soon in Washington. 

I haven't seen very many cash flowing properties in this area since the covid bubble started inflating prices.

However, I am seeing major over inflation in markets that were Historically distressed with values exceeding the 2005 bubble.

Not to burst your bubble, great job on your rentals paying your break even.

When I stared buying 10 years ago some guy told me Buffalo NY market was a bubble about to burst and you can’t make any money here because of the tenant laws.Glad I didn’t listen to that guy.