I'm a licensed lender in Washington (and many other states), I invest as a "side hustle" and grew up in Seattle, so I feel your pain.  

All of that being said I think you have to get to a place in life where your current situation is more painful than the pain it takes to figure it out.

You won't regret keeping this after 5 years, but you may feel the pain of it the first 5 years. 

Yes, managing definitely can be a pain.

Probably not, but I'd see what my CPA and attorneys have to say.Be a pain having tenants pay you twice too.Also, passive income is already treated pretty favorably after deductions such as depreciation.

It really highlights the value of having strong partnerships, effective marketing, and a sharp eye for profitable properties.One takeaway here is the importance of leveraging connections and networks to identify similar quick-turnaround opportunities.

It's a pain in the butt, but at least it's a one time filing. 

Then you are in control of that money.Dealing with an insurance came is never easy, and sometimes it can be downright a pain.  

You 3-year stepdown will be a little painful, but, it could be worth it if the funds are needed.

At the same time I find myself participating in other forums I used to ignore, like the taxes and short term rentals forums, because those have become bigger focus areas (and pain points!)