Maybe there is something to learn, but most of the time it just makes you feel bad. 

You guys make great money so buying a home isn't bad.

I'm not a tax expert and dont know how this would conflict with the tax deferred basis, but if doable, this isnt a bad option, either. 

Of you can relocate and house hack, I highly recommend that so you give up less cash upfront.Good job not spending your stack on some bad *** pick em up truck or other nonsense young people would otherwise spend it on! 

Cost of borrowing goes way down when no one wants to borrow like in a bad economy.

I would pass on this deal given the red flags you share (and the fact you feel there are red flags is generally a bad sign).

Keep in mind this will be at a much higher rate than your current 3.2% interest rate, so I'm not sure if paying off the existing loan is a great choice.

Eugene could be a great choice for STRs with the university driving consistent demand with college kids + family, and Portland offers year-round potential with its already strong market for both MTR and STR.

That sounds pretty straightforward and we've got something similar here too and it's not bad. 

Doorvest claims that they help identify, purchase, and own rental homes for a littles as 35K and help generate cash flow.At the moment, I'm little skeptical but wanted to give it a try and write each steps here (good or bad) and help the community here.