Good luck to you.Post edited by moderator

This 100k down is it say 10% of your total net worth and you make 500k a year so worst case you stub your toe on this investment and take a minimal to moderate loss on this to resale after purchase?

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.

Mostly they are into drugs and alcohol.

@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.