NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

Short term rental permits are only granted to owners who will be renting their primary residence.

Investment Info:Single-family residence buy & hold investment.

Ensure you understand local regulations regarding permits; it’s usually a good idea for your associates to form an LLC for liability protection, but individuals can do renovations as long as they pull the necessary permits.

Now, I see you are in Seattle, which much like Portland, has extensive tenant protections.

Padsplit residents can cause problems with neighbors and other residents because many have substance abuse and/or criminal histories. 

That being said, there’s nothing wrong with investing in blue collar areas but I prefer to invest in the ones that have a higher degree of owner occupancy because the residents of those areas care about where they live and have deeper roots.  

In my experience, the average Section 8 resident behaves differently than the average market rate resident, and the government-backed rent is not worth the added hassle.  

I got her money back of course, I learned that being the nice guy (which I am known for) has to protect their clients interest at all costs and you have to really use your head and figure out how to get it done while staying the nice guy.  

Investment Info:Single-family residence buy & hold investment in Valdosta.