A strong online presence and fresh marketing are how you dominate the market.

If you can save up for a slightly higher down payment your margin for success will be significantly higher.Also, I strongly agree with the "buy the worst in a great neighborhood, live in the worst unit of the triplex and slowly fix it up yourself."

It has a strong potential for cash flow.

Since you're investing from a distance, I recommend interviewing multiple agents, lenders, property managers, contractors, and other professionals to build a strong and reliable team.

As an investor here myself, I can tell you we're seeing solid rental demand here thanks to the strong job market and major employers developing here. 

Prioritize properties with strong rental potential and set aside reserves to handle unexpected costs.Finally, familiarize yourself with tenant laws in your target market, especially in Portland, and consult a real estate-savvy CPA for tax efficiency and legal considerations.

@Christian HwangTo be successful in flipping properties out of state, it's crucial to build a strong team.

One thing I was considering was an LLC/S-corp style entity where I can manage it while they get equity.

Last, I would invest some capital in an investment with strong growth, so it could help replace the income you have at your job.

Some folks in my circle also invest in other places like San Antonio or Phoenix, capitalizing on strong demand for workforce housing..