When you buy a property in Seattle, you also buy the regulatory environment.

But even in this environment, most markets will have listings that have sat for weeks or months or longer.

I haven't read all the responses, but think of cap rates like bond yields, and then recall that there are people that buy bonds with negative interest rates because they can lock in their losses.In that environment, a 4.5% cap rate is incredible.

Upgrading the back patios to create a more user friendly environment.

I want a safe living environment for my parents.

If staying alive is more important than earning a few bucks, I recommend you sell the investment property and purchase a single-family home or a duplex with totally separate spaces so you can control your environment.

I am not sure if what they are proposing is disruptive or not since I am new to this environment.

This isn't inclusive but should give you a good start.

If you have a good unit, you shouldn't have much of a problem renting it in today's rental environment.

Yadda-yadda.This is not an inclusive list so I may have missed something important to you.