Wisconsin Bank & Trust,  Nick Pierce

@Caleb HeimsothThere are two problems with having no liability insurance on a rental property: it's very hard to borrow money on the property without insurance on it and when you get sued for something that happened on the property, the lawyer does not have a policy to go after and will have to go after all your combined assets.A lot of inexperienced rental owners believe that as long as they have the property in an LLC, they've kept themselves safe, because that's what a lot of salesmen tell them, a whole lot of baloney about not "piercing the corporate veil."

You might want to consider pierce county to the south.

Any lawyer can pierce an LLC anyway.

@Justin Pierce I think Richmond is a great city headed in the right direction.

The latter we’ll if ever pierced by a judge and you loose it all anyways.

I am looking in King County and Pierce County, and am curious what specific laws/legalities I need to be aware of prior to purchasing and becoming a landlord.

The corporate veil of an LLC can get pierced very easily if funds aren't managed correctly.

Are there any deals to be found online in King/Snohomish/Pierce county?

If you get sued an opposing lawyer will easily pierce the veil and show your LLC is not a separate entity from yourself.