Hi, my name is Bryce and my family and I recently moved back to our home state of Idaho from the greater Seattle, Wa area.

Here Washington State we have no limit perse, but there are strict notice.  120 days notice for an 3% increase in rent which cannot take effect before the end of the lease.  180 day notice is required if over 10% again before the end of the lease.

Tom the other issue for the seller is lenders with NON owner occ can sue on the note and get a deficiency judgment.. out west in OR WA CA MV AZ and probably a few more purchase money loan for owner occupied no deficiency can be taken. 

But yes, if you only have 1-5 properties and wnat to do your own books, you will be fine (I would still have a Book-keeper come by 1x month and get everything squared away)Of course when you have a lot of properties, this will just be a confusing nightmare.

Wow, just another bad story about New W A, there are many posts about just how bad they are right here on BP, too bad you did not get a chance to read them BEFORE you made this purchase.

Sometimes I would try to listen if Henry Washington was on but it's pretty brutal without Rob and David.It was funny I was driving the other day listening and I kept trying to find an episode with them and almost every single one had become someone else and I was like hmm...did I miss something?

We are looking to find a land in Douglas County, WA mainly in Waterville town.

Two years ago, the military PCS moved me to Washington, DC, and it has opened my eyes so much about the potential in the rental market.

Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.

I'm guessing it's 2 square miles in area.