Concessions This is another monster that can decimate your cash flow if you're not prepared for it and don't underwrite your deal correctly going in.

Asking in the correct forum will get a better response.Need a spreadsheet or form?

So, I assume that I do need to file for a business license where the rental is located, so I can open a business bank account in the LLC's name, is this correct?

If you buy correctly, you will be able to move into the property you have with some solid equity built in after you do repairs.  

Is this a Washington thing or am I not understanding correctly?

In contrast, volatile markets experience significant price fluctuations due to economic sensitivity and high levels of speculation, leading to potential affordability issues and market corrections.

@Justin W.It is correct that the town will not enforce the deed restriction.

But for beginning operator, If I understand you correctly what you're saying is there is just is not enough worth going after to worry about it.

I read their NOI statement and know that it is not correct. 

Yeah, I think you're 100% correct.