It's all good in moderation. 

Everything in moderation.

I wish a moderator would read this and remove the sticker, now after 4 years, and avoid this thread to be pinned at the top.

I have 3 of my unites under section 8 and I am about $500 below the marketHere is the text on the billHousing restricted by deed, regulatory restriction contained in an agreement with a government agency, or other recorded document as affordable housing for persons and families of very low, low, or moderate income, as defined in Section 50093 of the Health and Safety Code, or subject to an agreement that provides housing subsidies for affordable housing for persons and families of very low, low, or moderate income, as defined in Section 50093 of the Health and Safety Code or comparable federal statutes.

@Justin Bautista - some Seattle investors are offloading / 1031-ing their rentals within the city limits because of our regulations and current city council - this election cycle was an opportunity to swing back to a moderate center, but with Kshama Sawant winning another term we as Landlords in Seattle will keep being cast as the bad guys.

In general, any recession we have I think will be minor to moderate at the worst, but most likely between minor and moderate. 

It will be hard for them to move and they may be expecting a moderate increase which you can most likely implement and come out ahead without having to spend any money or at least minimal. 

Up until recently, the laws were reasonable and applied more or less fairly with a slight to moderate bias towards the tenant (the landlord-tenant courts are conducted by magistrates who are ultimately answerable to judges but who, in 99.99% of the cases, are the final word, and have a tendency - if given any sort of excuse - to rule in favor of or at least grant a continuance to the tenant). 

Moderators note: Please stay on topic and avoid political or immigration debates.

@Filippo BaldoSomewhere warm, moderate climate & a good market sounds like Florida or Texas