.: 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.

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?

I'm sure they don't miss us at the city council and we don't miss them.I love Idaho though.

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.

There are unique rules to raising money under these different provisions so make sure you know the nuts and bolts.Just to give you my opinion and I am glad you formatting your investor document, but unless you are a practicing securities attorney, make sure before anything is given to an investor or filed with your state you seek legal council to ensure your documents have all the I's dotted and T's crossed.There is a lot of money at risk here my friend and you don't want to shortcut preparing your own documents to save a couple dollars only to get in trouble down the road by the SEC.Regarding splits - each deal will vary as each deal has its own unique exit strategy, returns, hold period, etc.

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

I have told him that I wanted to invest in the Okanagan and he said he is a province/state wide agent (British Columbia).

If you went down this route, do get council to help you craft some statement for both side to declare everything you discuss.Good luck!

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.

So I had to file a complaint at our local city council, whom then told me that his 36 parking spots was actually mine.