The numbers tend to work out more favorably there, which can simplify hitting your investment targets.On the other hand, if you're leaning more towards appreciation and forced equity, Portland could be beneficial, especially with strategies like house hacking.

Student housing is also more PM intensive so finding a good PM may be difficult.

Video, and checklist coming in and going out, this in an attempt to have it work out for both parties.

Even though I live in Charlotte, I've spent a lot of time doing loan mods and short sales in places like New York, New Jersey, Philadelphia, Nevada, Arizona, Washington, California, and Illinois, and have seen the possible trap of only being in one area.I've seen landlords who were intensely renting in a certain geographical area get decimated due to the changes in the marketplace in their locality.

Of course, not as directly labor intensive as what you are embarking upon, good luck in your endeavor.Amazon.com: The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications: 9781947200272: Burke, Brian: Books

It's just very capital intensive to go forward with this strategy.

The mentor wants you to assume that you will be getting a lot of work out of them for such a percentage.

Then when I find a property that doesn't have too many repair, maintenance, or permit issues - the numbers don't work out or the sellers won't work with us to find a middle ground.

Due diligence, any suggestions or how did it work out? 

Sounds like somebody was trying to mix business and pleasure and it didn't work out.