I have head senator Weinkowski speak on this subject and the rationale of the 15 year exemption.  

auctions in WA are cash on the barrel head at the time of the auction. you need cashiers checks to buy then you can sell . takes 5 to 14 days to get your deed.

So you log that number in your head - that at $145,000 you have $69 cash flow when rates are at 7%.But if rates were at 5%, your payment drops to $623 for the P&I instead of the $772.  

Hey BP family,I am new to real estate investing but would love some experts insights so I don't get burned on my first dealThis is the property: https://www.zillow.com/homedetails/724-N-22nd-Ave-Bozeman-MT...My thoughts are my wife, 8 month old and I could live in Unit A for a year or two while we rent out Units B & C to help cover the mortgage payments until we build/buy a more desirable family ranch home with min 10+ acres which we've been looking for but have yet to find.My hesitation is I've never been a landlord and am reluctant to get in over my head with property problems while simultaneously growing an online business and being a new father.After some negotiation we counter offered 895k with a 2-1 rate buy down for 20k and the sellers have verbally accepted but since our offer expired we need to resubmit.

The second type of zone is one that is loosely regulated (legal now) but where a lot of the conversations regarding STR's are still being had and could change rapidly in the coming years.

This bill that would hugely increase property taxes for STRs (after they just took a massive jump for all residential properties) just passed committee and is headed for the legislature. 

This is usually what gets me excited again and ready to tackle the issues head first and get back on track.

I will not hire someone who can't wrap their head around that fact.

We did find a RE attorney from the Grand Rapids area that has structured a handful of similar land-contract projects and he will take the lead with the paperwork. 

When she went to the basement, she saw that the water was pouring very rapidly.