The lease says "rent is due on or before the 14th day of each month in advance notice or demand." 

But your heading says STR Insurance, and I don't know if the number of STRs will decrease by a huge amount because people will still vacation there. 

The results are:Delivered over 530 investment properties to more than 180 clients worldwide.Our repeat business rate is >90%, indicating the clients made money.Our average tenant stay is over five years.We've had 7 evictions out of a tenant population exceeding 1,000 over the last 17+ years.Our client’s rental income has been highly reliable: no vacancies and no decrease in rent during the 2008 financial crash.

Are buyers leaning toward creative financing, or are there other trends you’ve noticed shaping the market?

@Tom Yung is the expert here.Here's what I think.1 day after a year, send the Notice of Barment.

My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

Even if I do not make an offer, I will provide feedback on how below market rents or unrealistic rents decrease the value of an investment property.   

And also noticed today my escrow (by way of tax bump), has increased nearly $2k.

@Amyson Varughese have you served them with 14-day Notice to Pay or Vacate in accordance with RCW 59.18.057?