Roofs on moss-shortened cycles, gutter cleaning as a season not an event, crawlspace and ventilation upkeep, and exterior paint that earns its keep — Seattle's gentle climate is relentless about water. Deferred envelope maintenance compounds here faster than owners expect.
RRIO registration and inspections, capped deposits (cash-flow timing, not just policy), and process costs of first-in-time screening. None are heavy individually; all belong in the model.
Tenants increasingly expect cooling for smoke-season and heat-dome weeks; heat pumps answer both seasons and command rent. Budget the upgrade as a competitive item, not a luxury.
Deep tech-and-healthcare tenant demand, low long-run vacancy near transit, and Washington's lack of income tax on the after-tax picture. The math rewards envelope discipline.
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