But I think something can be done if we get creative, but may require a complete move out and new application/lease. 

That's the one thing all the HGTV flipping shows get right - everyone we've ever seen has a renovation surprise that either increases the budget or requires cutting back elsewhere to keep the budget.Contact us if we can assist with anything. 

I saw there was a new House Bill that came through last year (2023), and added a new subsection to RCW 59.18.280 which does mention RCW 59.18.260 about the checklist requirement for the security deposit:(4) The requirements with respect to checklists and documentation that are set forth in RCW59.18.260 and this section do not apply to situations in which part or all of a security deposit is withheld by the landlord for reasons unrelated to damages to the premises, fixtures, equipment, appliances, and furnishings, such as for rent or other charges owing.This is the new "exception" (per the title of the RCW59.18.280).

However, similar to understanding the property market, I require assistance when it comes to discovering unfamiliar places.If you are good at investing and also at traveling, please share what you know.

Now, they owe me a lot more than the security deposit (rent, bills, damages...)I saw there was a new House BIll that came through last year (2023), and added a new subsection to RCW 59.18.280 which does mention RCW 59.18.260 about the checklist requirement for the security deposit:(4) The requirements with respect to checklists and documentation that are set forth in RCW59.18.260 and this section do not apply to situations in which part or all of a security deposit is withheld by the landlord for reasons unrelated to damages to the premises, fixtures, equipment, appliances, and furnishings, such as for rent or other charges owing.This is the new "exception" (per the title of the RCW59.18.280).

Ex: a sloped lot could require a basement where a flat lot would not.  6.

The feedback was that combining the parcels allowed them to drop some city requirements regarding installing screening in front of the dumpsters, so it saved a small amount on construction cost.Interesting topic, but understand if you are just focusing on the deal itself for now.  :-)Sincerely Joe

The goal is to keep the premiums I have to pay due to lending requirements as my money.

I am a relatively new landlord and I’m trying to figure out the requirements if we needed to file a judgement against a tenant for excessive damages to our property.

If you want to protect your friend's capital as if it were your own, you'd want to:1) Secure the loan with real estate in the form of a deed of trust or mortgage (depending on the state the property is in)2) Obtain property insurance binder with your lender as an additional insured3) Obtain a lender's title insurance policy protecting them (different than an owner's policy) and transfer all funds through an escrow closer or real estate attorney (depending on the state, the requirements for closing may differ)4) Use a real estate attorney who also practices private lender law in the state the property is located in.