:D Real Estate Investor - Any of several unemployed individuals who spend the majority of their day painting and cleaning properties, staring at their computer monitors looking for deals, or talking on the phone to countless agents, contractors, lenders, etc. all for the express purpose of avoiding a "real" job.Tenant - A sub-group of life form that neither understands the basic fundamentals of cleanliness or operating a simple traditional stove top without causing over $500 worth of damage.Landlord - A multi-millionaire dollar narcissist who owns a phone that apparently never rings, an e-mail account that never receives, or a mailing address the post office never delivers to.Buy & Hold Investor (cash-flow) - A landlord who realizes after acquiring, rehabbing, and leasing several dozen properties, that he still doesn't have enough income to get off food stamps.Buy & Hold Investor (appreciation) - A speculator who holds onto his properties for several decades with the ultimate goal of making his great-grandchildren very wealthy.Note - Various discrete elements that make up music.Points - The sharp end of a nail or screw.Hard Money Lender - See "Loan Shark".Paint - An opaque viscous substance that exhibits the following properties, 1) costs far more than one would expect, 2) never looks the same on your wall as it did in the store, 3) covers half the area stated on the can, and 4) will only clean up with "soap and water" provided you add bleach, acetone, and sandpaper.Wholesaler - A mysterious sort of creature that makes large expensive purchases despite having no money whatsoever.Flipper - An overly dedicated individual who spends 2 to 3 months renovating property for a profit only to find they averaged $1.25 per hour.Motivated Seller - A rare and endangered species that has been hunted to near extinction by various investors, wholesalers, flippers, etc.Lender - An institution possessing a large quantity of capital not available to the public as there is more profit to be made in bank fees than mortgage interest.Asset Manager - An agent of the bank that couldn't tell the difference between a house and a shoe box.Foreclosure - The process a bank uses to seize a property from a homeowner and sell it for a loss rather than modify the loan and make a profit.Multiple Listing Service (MLS) - A large compilation of homes no longer available.Realtor - A member of an organization of real estate professionals open to several people who don't know anything about real estate.Bird-Dog - A motivated go-getter that performs 90% of a Realtor's services for 10% of the cost.Fixer-Upper - A term used to describe a house that only needs new paint, new carpet, a kitchen remodel, re-piping, re-wiring, several major structural repairs, and a foundation which requires a team of seismic engineers to fix.Turn-Key - A term that describes a "fixer-upper" (see above) that has been completely repaired and is available to an out-of-town investor for 20% above prevailing market rates.Contractor - A member of a special fraternity that shows up at your property to collect a check and at no other time.Appraiser - A professionally licensed individual with a tape measure, clip board, and camera who spends hours compiling a 30 page report telling you something you already know.Home Inspector - A guy with a ladder and flashlight who charges you $250 to inform you that you really need to speak to a licensed contractor (see above).Plumber - Somebody who gave up their medical practice in order to triple their earnings.Real Estate Guru - Somebody who gave up their plumbing business to triple their earnings.Bootcamp - A place would-be real estate investors go to part with the cash they could otherwise be using to purchase real estate.

If an inspector feels you are endangering your tenants, they won't hesitate to shut you down and force all the tenants out.

The entire island is a National Park and only home left for the Komodo Dragons in any number. 1500 People and approximately 1100 of the endangered species, the infamous Komodo Dragon.

With lenders being so tight with money, it is important to ally yourself not only with a lender who is lending, but is doing so in a fashion that won't put you through hell with never-ending stips or underwriting times that endanger your rate lock and/or purchase contract.A knowledgeable broker can take away a lot of the stress that comes from kicking the tires with lenders since they're in the trenches and rely on getting paid by closing deals.

Such as: freezing pipes in the winter, overheating in the summer, tenant actions that endanger your property (such as cooking with BBQs indoors, using candles for light, use of extension cords from one dwelling to another and overloading of electrical circuits), humidity build up, garbage overflow and vermin that follow that, etc.

If there is a true emergency that endangers a person or the property and requires immediate attention (flood, loss of heat, fire, gas leak, etc.) then they should be able to text/call you directly.

Because you succeed with the househack, you are well-positioned, and also highly motivated to go after another property...rinse and repeat, and in 5-6 years, you have 5-6 cashflowing, (hopefully) appreciating, relatively easy to manage LTR single family homes.  ...or, perhaps you go into STRs after you househack--in which case, you will be much better-positioned and much more well-prepared to succeed with the STR (because you'll have the invaluable experiences gained from your previous househack).In skiing, we don't take beginners down double black diamond trails--doing that would endanger them and other people in the area.

Worst case: sizable default on rental payments (20%+) causing high leveraged property owners to enter net negative territory on operation funds, fearing a mortgage default position endangering other holdings a sizable volume of properties enters the market for sale in short time frame, inducing decrease in median sale value of homes which of course the media in all it's well thought careful reporting will properly report.....

But I CAN file for serious nuisance (serious damage to the property, or endangering the other tenants or LL).So here's the thing. 

You can track these bills at: https://app.leg.wa.gov/billsum...Bills we are watching include: HB 2520; OPPOSE: addresses excessive documentation to withhold from security depositHan 2453; OPPOSE: State wide Just CauseSHB 2069; SUPPORT: Concerning a property owner's or tenant's liability for delinquent and unpaid utility service chargesSB 6490 OPPOSE: endangers tenantsHB 2779 OPPOSE: Rent Control