You've got a book's worth already :-) I admire your perseverance!

Trying to figure out whether is it worth transitioning my 2br 1ba 1100 sqft unit to midterm rental from long term rental in Renton WA?

So a PM can’t charge $50/mo and stay in business, and you can get your money’s worth at $320/mo. 

The equity is actually what you are paying for the property.In this case let's look at the numbers that count,...the current numbers.You have about $500k or more in equity, which is buying you a property that's worth about $700k (I went with the lower PV. 

We have record employment, all of our retail is booming, housing is still selling.

Unless the 600k property is in some crazy appreciation area, or conversely the 300k properties in depreciating areas, 1.2 million of property is going to be worth more than 600k worth of property in the future. 

I ended up hiring a local attorney who specialized in landlord-tenant disputes, and while it cost me a bit more upfront, it was worth it to get the situation resolved without additional delays.A close friend of mine also delt with an out-of-state eviction in Michigan last year.

It might sound fancy, but it's worth considering.

Hi Hanon, For what it's worth we've taken great steps to give our clients a better experience going forward.

I’m guessing the rental market in Alexandria is very strong so you’d better make it worth it.