You are currently sitting in Los Angeles's entertainment mecca and Mid Term rentals/30+ day rentals are a great alternative to the STR limitation.

Just to clarify, there is no limit to what you can raise as a nonprofit but, as Shonda mentioned, you can do a simplified filling if you intend to raise less than 50k a year.

My probate expertise is limited to the many THOUSANDS of deals that I’ve done in California since 1978.

Not following the requirements (within Seattle city limits will likely have additional rules and regulations) opens the seller up to liability.Additionally, the seller always has the option of offering "cash for keys" arrangement but be sure that no funds change hands until after the property is vacated and locks are changed.John

Limited partners usually cannot coattail REP status.

It's also not going to scale as you'll quickly hit DTI limits even if you can get the numbers to work.

This is actually something I see as a benefit because it shows that the city is interested in facilitating the growth of that industry, and it's much less likely now that they would do a 180 and try to limit usage

We got some limited engagement but no real leads.

You can by a resale (but supply is limited) or you can buy a house from one of the rare villa developments.

If you can make rent money in December, make it.There is no limit on the number of STRs.