Knob Noster is tiny - population about 2,700. 

You'll be well into the millions on this one if you're looking for Seattle proper, unless you thinking of a a tiny build in Rainier Beach, White Center, or South Park. 

My concern would be that S2A would be sorta like the "tiny house" thing in that it sounds like a great idea but there's not that many people that actually want to buy one.

You go do what you like though with your tiny little portfolio of ghetto houses...you're the one on a power trip telling ME how to run MY business...And they complained the first tour I did as well...they just don't want people in there, but guess what, that's the terms you agreed to in your lease, the law allows it and if you don't like it, go buy a house...otherwise that's the price you pay for being a renter.I can't believe the left coast mentality from these 2.

@Nawal Osman  I would say Arapaho is a very tiny town and not normally on most investors radar.Focus on areas of growth....Texas might be better...the bigger cities around DFW, Houston, San Antonio.Austin is super expensive right now.Also some of the mid-size cities in between this triangle.

Cash flow is only one TINY way rentals make you money.

I did drive by some tiny pockets of grouped nice homes, but I guess I'm unfamiliar with the area.How do you identify these "up and coming" areas in our city.

Pulling relatively tiny amounts of equity from numerous properties to fund another deal feels like a bad idea.

My wife and I set a goal to do 1 new property a year, the thing is we want to vet the market and make sure we are looking at this from a QUALITY, not QUANTITY perspective. 

I moved from that tiny town in rural southern WA to Seattle and went to college and studied real estate before attempting to buy another property.