Early retirement, healthy life style, travel, legacy and charity are all things I can accomplish through wealth.

Gain the knowledge where you will invest and enjoy your investment and live healthy.

Also, improves your position in pricing should rent prices turn bearish unexpectedly during your vacancy time so you can be flexible in pricing in negative economic environments.Con's are more on the side of the whole concept of using the long term locked-in period with the bank essentially utilize inflation to 'short the dollar', as well as the more rapid diminishment of the mortgage interest paid tax advantage.All in all it is safer in a lot of respects to get to that property free and clear, but the major downside is missing out on the additional value that is derived from the power and monetary benefits that come from having a healthy expose to mortgage and other forms of financial leverage.

Along the I-5 corridor in the University cities (Corvallis & Eugene) and beyond (Albany, Salem, Junction City) there is also healthy interest and competition in multi family properties.

Secondary to good RE investment markets, my wife and I consider outdoor recreation nice for staying healthy and fit!

If the student has a lot of money and a very healthy balance sheet and banking contacts that is as importnant if not more so than knowing the difference between a header and a joist or in what order you build the house in :)

As for  Seattle - the city regs can be onerous, but there's a ready supply of tenants and rental rates are pretty healthy.

Healthy Navy population with the bases at Bremerton and Bangor (not so different from UW in terms of a healthy rental market), but also lots of healthcare employees.

If I needed this property to turn a healthy profit I'd be dying right now!

Built in late 1970's96% occupancy1.53mm Gross Income750k NOIAssuming an 8% interest rate, what is a healthy positive cash flow?