The state of Oregon and the city of Eugene both have complex and unforgiving regulations that most often favor the tenant, so it is important that you learn about these laws so that you can make strategic choices now that avoid pitfalls later.Fortunately,  the Oregon Rental Housing Association at the state level and the Rental Owners Association of Lane county at the local level can provide you with excellent resources. 

The underwriting is strict, and your experience level and ability to perform will be scrutinized.

Even if the lower level is small?

Removing or lowering those LLPA's would level the playing field in terms of pricing, but making investment property loans more affordable is not going to help decrease prices. 

In general, it is tough to find landlords that will take Section 8 (at least at the level of house I provide, B/B+) and so you'll get plenty of interest. 

You as the host can opt into doing an additional level of screening for new members and use whatever process you'd like to vet them after they've been passed on to you from PadSplit.

Meeting the requirements one year doesn’t guarantee qualification in future years, especially if your level of involvement changes. 

Directly investing in real property investments, whether property, notes, tax liens, or leases requires a THOROUGH understanding of all LEGAL aspects concerning real estate law in general and the investment in particular.It’s IMPOSSIBLE for someone who hasn’t accumulated either a legal education in real estate law or 20 years active experience to have the knowledge and understanding of legal aspects sufficient to reduce legal risk to an acceptable level when investing directly in tax liens, notes or real property.  

The upper level has three long-term tenants (5+ years) with opportunities for upgrades and rent increases.

The building features three long-term tenants on the upper level, each occupying spaces for over five years, with opportunities for upgrades and rent increases.