The investment plan can be tailored to your risk profile. 

The newer more renovated houses will continue to rise but I feel at some point mine will appear as an old dated house that somebody looks at and will want as a cheaper place to fix up and renovate.Other than this, I don't really enjoy the out-of-state investor aspect of relying on a property manager when this was always a hands on investment for me until I moved away.

I am up in the South Hill area and not in the valley so it may be impacted less in that aspect. :)Speaking of Mt Rainier, I just summited this last July and highly recommend!

It is a great place to meet new friends and learn about various aspects of real estate and more.Find and connect with other BP members that are in your area: https://www.biggerpockets.com/search/usersWishing you the best!

I have yet to see regulations in any aspect lead to good or an improved state of living.

So the requirement must be from some other aspect of the deal....funds are coming from a 1031 or SDIRA etc that is driving this requirement.As far as the contribution/buy out idea and being dilluted, I don't see how that is any different than your original proposal.

It wasn't his fault, he is just more tailored to the average W2 earners tax return.Your thoughts about whether they should be in state or not will be up to you.

Tax optimization is a powerful aspect of investing and most people don’t take advantage of all the options.

I've heard Stessa and Buildium for the most part but find it's actually very difficult to use for the average small scale landlord (I have 7 doors)The cost of Buildium I think is way too high for the small scale self managed landlord like myself. 7 units comes to $55/monthAs for Stella, the UI isnt the greatest and probably tailored for more property management companies, and the accounting features are rather lacking for Canadian tax laws.

I can see a potential gate keeper like we are seeing a little bit in wholesaling out here on the west coast where the title companies are making the wholesaler disclose all aspects of the transaction to the seller before they will issue a new policy.