Aberdeen Rental Market

[Preston Roth]

Hi all. Im new to Bigger Pockets, seasoned rental investor(managing and owning for 20+ years) and have a buy and hold mentality. I take the tortoise approach. Plug away, pay loans down faster, may not get rich quick, but when I'm 50 Ill be well off and pretty secure the rest of my life. 

I have several properties in Portland and Washington and am looking to expand my portfolio of properties, but looking outside of Portland as its a mess with trying to buy multi-plex properties. You either need cash to buy anything worth buying and everything else you need about 35% down for it to cash flow anything. So I'm expanding my search and am interested in Aberdeen. I know they are seriously planning on revitalizing the downtown area and its an intriguing place to me. The Morck Hotel is going to be renovated back to its glory days so I feel there are some good signs in the area. 

Any thoughts on the area and the rental market?

P-