appraisals can slow process down dramatically.

For leases entered into on or after July 1 2020, the owner would only be permitted to occupy the unit, if the renter agrees in writing to the lease termination or the lease includes a provision providing for lease termination based on owner or owner-relative occupancy;Withdrawal of the rental property from the rental market;Intent to demolish or substantially remodel the unit;Owner is complying with a local ordinance, court order, or other government entity resulting in the need to vacate the property.'

@Michelle VanDykenI'd book the profit now, but I'm not into the slow landlord grind.

Gosh I'm in a good pickle...I have a vacation rental in an amazing market that I have owned for 10 years and have easily grossed 45k+ a year consecutively and no signs of slow down.

The traffic getting up there can be bogged down in the winter due to high volume and slow driving conditions in the snow. 

For me running the numbers and it seems like it won't make too much sense to buy a vacation condo with this very high fees OR I have to have a trusted face here to make sure that the work to manage the property is done correctly (if I choose a self-management option with that fixed fee kind of option).Any ideas or help is really appreciated as we either withdraw from the offer or proceed with it!

As a word of caution, the reason the bank is requiring more money is because the market is slowing.

You need to deal with Seattle Housing authority, which is very slow process.

I remember people in April and May saying how slow the market was for spring  and how those good numbers didn’t mean anything, “that’s the past, wait for the summer numbers” they said they could feel the slowdown coming.

Maybe it is just me, but the time between teh tenants is when I take care of these small items, like touch up paint, verifying there's no drips in faucets, slow leaks on toilets, etc.