A sampling of people that you admire and want to emulate only.The average, not-so-well-off person might not be someone you want in your advisory council when it comes to building wealth.

Retail on Broad Street still has a lot of empty stores but in the last 8 or so years, there has been a small resurgence, thanks to the local chamber of commerce (and no thanks to city council, imo).  

I have also seen arguments to preclude landlords from proposing issues in a council meeting and before the planning board without an attorney (the latter of which I think we can all agree would be better with an attorney).2.

.: Considering buying a STR property in Seattle instead of the Eastside, but I'm concerned about the city council - their laws around crime as well as landlord regulations.

When multiple inspections are required, multiple draws are understandable, but if a satisfactory service is provided by a contractor, they expect to be compensated in a timely manner, they have people and bills to pay too.Establish a relationship with a reputable contractor, see what their terms are, and get it in writing, in the form of a proposal read and signed by your self and or, your legal council.    

Watch the town council meetings, setup email alerts for "overnight rentals Knoxville" or whatever you can think up to keep watch on the headlines.

As someone who had LTR's in Seattle you know what I am talking about.The city council seems to be hell bent on ruining life for investors in Seattle.

The Los Angeles City Council adopted an ordinance on Tuesday, Feb. 7 requiring landlords to pay relocation assistance to tenants who move out after getting rent increases of 10% or more.Under the ordinance, if a landlord increases rent by more than 10%, or the Consumer Price Index plus 5%, the landlord must pay the tenant three times the fair market rent for relocation assistance, plus $1,411 in moving costs."

That said, I know landlords here in Seattle that have had tough situations thrust on them because of the city code, and I am by no means characterizing Seattle as "Landlord Friendly", I'm just saying that a couple of restrictive laws and a difficult city council aren't enough of a reason for me to NEVER invest in one of the fastest growing cities in the United States.PS: I own 6 short term rentals, 2 of which (the maximum allowable by current city codes) are in Seattle.

65k ARVpurchase 25krenovation 20ksection 8 tenant ....collects 450 per month 17yrs tenant wants to staySavannah fits with east side initiative from council meeting plans....any lenders interested?