[jhynesrockmtn]

I had single family rentals in Seattle for the good years. Early 90's up to 2013 when I moved to Eastern WA. The market in Spokane was still quiet when I got here. I bought my personal residence in 2013 and a 6 unit apt. building in 2016. I was getting tired of managing the rental and explored selling it this year but the offers I got were not great. They were looking for a "deal". My building is smack in the middle of a really nice area and I wasn't dealing with any bad tenant issues. I was just looking to be able to leave when I want and not worry about screwing up a tenant screening or other issue that would get legal. I have always avoided hiring a PM but finally did so a few months ago. She's still getting up to speed on things but I already feel a weight lifted. If I were dealing with your tenants I'd either sell or hire a PM and hold for the long term.

Some commercial can be great but with COVID, commercial office and retail will be impacted for years if not permanently. Amazon and the web are continuing to show their impact as well. Just yesterday, Amazon announced they were getting into the pharmacy business. CVS/Rite Aid/Walgreens anchor many retail areas. I am happy to be in residential vs commercial at this point.