As of February 2025, Portland's real estate market is exhibiting signs of stability and modest growth. In January 2025, the median home price reached $485,000, marking a 3.2% increase from the previous year. Homes are...

The rooms to rent are ready and overall the house is in good condition.

The seller received multiple offers and agreed to accept mine—on the condition that I waive the appraisal contingency.The biggest concern was the lack of strong comparable sales in the area.

A conflicting Buyer Agency Agreement is one that overlaps in scope, time, and/or conditions with the current Agreement" but also includes the condition, "Buyer reserves the right to work with multiple agents."

Hey @Audrey Sommer, is this in regards to overall condition of the home or highest-best-use of a property for investing?

See the condition of the property.

Quote from @Joe Hershkowitz: Quote from @Brandon Morgan: @Joe Hershkowitz yeah I think it depends on the condition of the home and the location.

So, if you fail to apply the correct assumptions to a property, your expectations won’t be met and it may even be a financial disaster.We use the following to rank Property Classes, in order of importance:Property Tenant Pool: closely linked to location, but not always.Property Location: closely linked to tenant pool, but not always.Property Condition & Amenities: it’s important to, “Maintain to the Neighborhood.”Key metrics for each Property Class:Class A Properties:Tenant Pool: Majority of FICO scores 680+, no convictions/evictions in last 7 years.

I've never had to use hard money before, so I am not sure what type of conditions are reasonable.

I'm use to a move-in inspection documenting the condition of everything at time of move-in.