If time and credit are prohibiting you from investing today rather than 2 years from now, you should consider other types of investing.

These funds can then be used to invest into real estate or other assets of your choosing.Are you familiar with the prohibited transaction rules?

That prohibits a lot of groups who cannot secure bank financing quickly.  

This includes source of income, which means you can't prohibit someone from renting that is on government assistance. 

For any violation of the Declaration prohibition on short-term leasing, defined as any term less than six (6) months of occupancy for hotel or transient purposes, a fine of $1,000.00 per day will be assessed against the unit for first and subsequent violations.These lease was for shared use of the entire property given that its a Jr 1 bedroom.

However, while in that role, we utilized software that is cost prohibitive for someone such as myself that is only renting one unit at the time. 

This prohibition covers instances of overt discrimination against members of a particular religion as well less direct actions, such as zoning ordinances designed to limit the use of private homes as a places of worship.

There is no document you can have someone sign that would be binding that would prohibit them from filing bankruptcy

It's not a prohibitively big lift to get licensed, and may pay you back multiple times. 

This is of interest to anybody investing in WA State.As has been the case the last few years in WA,   statewide rent control bills have been proposed which would severely limit housing provider's ability to adjust rents to meet costs or to improve and reposition a property.This year there are TWO bills - House Bill 1388 and  1389 - that could pass together or separately and each would limit rent increases to a maximum of 3% annually or inflation (up to 7%) and add a host of other rules governing whether maintenance,  repairs or upgrades would allow for further increases.  1388 also has language basically making any amount of rent increase unallowable if tenant cannot afford it,  might relocate as a result of it, or if it is deemed too much by the attorney general based on whatever criteria they choose to apply.    1388 also includes language that effectively creates vacancy control,   meaning a vacancy may not allow for resetting to market rate.     1389 is a somewhat more 'conventional' bill and also includes rules around exceptions for "necessary" repairs and updates as well as rules for "banking" rent increases if you do not take the full increase amount allowed in a given year,  but the process for taking advantage of that requires serving a lot of notices properly.     1389 prohibits resetting your rent to market rate if you had to evict the prior tenant for any reason.