I have previously operated a family owned coin op self serve laundry for 2+ years and am very familiar with the area. 

The current rents for two of the units are $660 and we want to raise them to $725 and this is fair market rent for the size and condition that the two units are in.

Buy a small piece of land (1-3 acres) n a mid-sized WC city for $100-250k and develop a small 2-6 unit multifamily structure (would have to take out an additional construction loan) 5.

I told him it was like a guy buying pants 3 sizes too big and saying it would be fine.

Could have a gravity furnace, poorly laid out and insufficient ductwork...particularly cold air returns improperly sized.4 - Plumbing. 

You would analyze a property in different ways depending on it's unit size, and type (office, apartment, etc).

Hello everyone,I have a rental that is AB1482 EXEMPT (SFR)  except I did not make the July 1st 2020 deadline to serve the exemption letter.

For rent accruing on August 1, 2021,or thereafter, and unless an exception or other state law allows for eviction, landlords areprohibited from serving or enforcing, or threatening to serve or enforce, any notice requiringa tenant to vacate any dwelling, including but not limited to an eviction notice, notice to payor vacate, unlawful detainer summons or complaint, notice of termination of rental, or noticeto comply or vacate, if, unless otherwise permitted by this order or under state law, a tenanthas (1) made full payment of rent; or (2) made a partial payment of rent based on theirindividual economic circumstances as negotiated with the landlord; or (3) has a pendingapplication for rental assistance that has not been fully processed; or (4) resides in ajurisdiction in which the rental assistance program is anticipating receipt of additional rentalassistance resources but has not yet started their program or the rental assistance program isnot yet accepting new applications for assistance.o There is a presumption that any rent payment made on or after August 1, 2021, isapplied to current rent before applying toward arrears.o A landlord is not required to accept partial payment of rent but is required to offer atenant a reasonable repayment plan under this order and pursuant to Section 4 ofE2SSB 5160.o A rental assistance program is authorized to share the application status of a tenantwith the tenant’s landlord.https://www.governor.wa.gov/si...

Don't let the size freak you out too much though!

It's a 4-plex, side-by-side with garages and full size washer and dryers in unit.