If I know the tenant is growing pot for the purpose of distribution and did nothing about and, and the cops busted the grow the state can seize my property that I own free and clear.

Hey folks,I am slowly (but surely) refining my farm area in Seattle and am hoping that a few local experienced REIs can comment on my selection.I used the City of Seattle's Comprehensive Plan as a guide to identify communities with high growth potential over the next 20 years.

Recognize the growth in area.  

I have not had an opportunity to perform a rent analysis, and considering that the development has over 500 units, having a number of active listings may not be a concern.Overall, I believe in the cities growth, future demand and general safety (sister lives there and client I was showing around today is single female cousin). 

The extra 20 to 30,000 you are paying could be kept in your pocket to offset any glitches in management till you find the right PMBut if you find a market with good growth then you at least know in 5 to 10 years your property will actually be worth what you paid and you start to have equity gains and exit strategies.I work mostly with non US investors and I am yet to meet an experienced overseas investor who would buy turnkey.

We need to discuss finding long term financing for our current offices and single family homes, and setting up acquisition financing for future growth

Being content with working in the landfill and telling myself that it could be worse won't allow any room for growth.

I ran the BP Rental Calculator with the assumptions:Vacancy: 10%Repairs & Maintenance: 10%Capital Expenditures: 10%Property Management Fee: 10%Annual Income / PV / Expenses Growth: 0%Sales Expenses: 0% Having never bought a unit, I could definitely use any insights into the assumptions for this area.  

Still contribute to a retirement plan go continue to grow the funds for retirement but maybe cut back and use the other funds for investing in real estate.

There's a wealth of vehicles out there from essentially no payment in exchange for total security (bank savings accounts, treasury bonds) to high yields but significant risk to principle (aggressive emerging market growth mutual funds, i.e.).