Originally posted by @Dan Borecki: Thanks @Gerald K.

I'm sure y'all already knew that!

A water line burst in the 3rd floor ceiling and by the time I discovered it there were beautiful waterfalls from the ceiling on each floor and severeal inches of water in the basement.

Hoping to place tenants on the first floor as close to move in as possible (1st floor unit is modern and doesn't need any work), then quickly make the repairs on the 1 bedroom unit to update and turn into a 2 bedroom and get that rented as soon as that is done.  

You turned THEIR $1,000 in to $1,500.

It's impressive that you secured a deal like this with no renovations and turned it around the same day.

And amplify your deployable capital by significant multiples. 

Certainly not by liquidating their retirement accounts that just suffered an historic drop in value.Do you feel that Oregon’s bias against landlords is a temporary fad, or a permanent change that may even worsen over time? 

He had gone over that by about 60 days.

I turned it back into a residential rental unit.