This does validate why thorough background screening is an absolute necessity.As the state of WA pushes out more restrictive regulations on housing it increases the risk to both tenants and providers.

ADRs are also compressing it seems from the data.Which cities are best to deal with when it comes to STR rules and regulations?

Some areas define it as anything under 30 days; others under 90.Midterm rentals often bypass short-term rental restrictions — but you still need:-Proper lease agreements-Local registration (in some cases)-Business insuranceIf you’re operating in gray areas, tighten up your paperwork.Anyone’s city recently updated their MTR regulations?

I wish I knew a perfect answer on how to regulate this. 

So far I've been quoted $2950-3400 to have a new railing built that is regulation height. 

The reason you feel like something is “off” is because assisted living isn’t just housing, it’s a regulated healthcare use, and that brings a completely different layer of requirements.Here are the big pieces most people don’t realize until they’re too far in:1.

You’re definitely doing the right thing by learning first before diving in.A couple of books I’d recommend are “Short-Term Rental, Long-Term Wealth” by Avery Carl , really helpful for understanding how to choose and run your first STR and “Optimize YOUR BnB” by Daniel Rusteen, which has tons of practical tips for setting up and improving your listing.If I could share one piece of advice, it would be to really dig into the local regulations and guest demand in your area early on.

It would boost your income, help your lending profile for the next deal, and would keep things far more predictable than Airbnb.Airbnb can work, but it adds layers of regulation, seasonality, and management headaches that many investors often underestimate.  

I have had one for about 6 months then we ended up changing to LTR because of city regulations. 

Which ever city you go with I'd recommend looking into a local landlord association as they tend to have insider knowledge of all the rules and regulations.