11/02/2026
A vacation rental can look great in photos and still miss your income goal.
Before comparing an STR purchase, I want to see five things:
• Permitted rental use and licensing
• HOA or condo restrictions
• Documented revenue
• Full operating costs, including management and reserves
• A realistic financing scenario
Then we test a slower season—and whether a lawful long-term rental fallback would work. A forecast is a starting point, not a guarantee.
Considering an investment in Washington? Call me at (425) 210-1025 for a brief conversation about your budget, income goal and preferred area. Know someone weighing a purchase or sale? An introduction is always welcome.
Christopher Warren Gough
Managing Broker | Steel Realty Group