It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future.

Here's another way to characterize that...There are two types of people on this thread (and other similar threads):1. 

@Joe Fairless do would you consider the above a far characterization of neighborhood classes?

“Arm’s-length” means two unrelated parties characterized by a selling price and other terms and conditions that would prevail in a typical real estate sales transaction.

I would disagree with your characterization of the prices being inflated.

For those landlords who participate in the Section 8 program in Prince George's County, MD and do their due diligence as far as screening their tenants properly, how would you characterize the housing authority?

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.

Please note that if this was a mortgage and the property was in another state than the one you live in - the interest income may be considered sourced to another state.If you continue to issue notes - you may be considered in the business of loaning money and the income characterization would change from portfolio interest income to ordinary income.

The Term "war zone" appears to define the person using the term more accurately than the community it purports to characterize.

Btw, Vikram, I also highly agree with Jon's characterization of you above... :-)