I think everything you mentioned @Chris Seveney about the risks with value, condition, borrower difficulties, and potential lien/title issues nailed it. 

Oregon state wide rent control law, first in the nation…discusshttps://www.housingwire.com/articles/48325-oregon-enacts-nations-first-statewide-rent-control-lawhttps://www.cbsnews.com/news/oregon-rent-control-law-puts-a-cap-on-massive-rent-increases/

Saw the potential in a property and nailed the remodel.

Saw the potential in a property and nailed the remodel.

So, if I am paying 4.5 Cap, at the end of Y1 it looks like 5.5 Cap, and by the end of Y3 it will look like 8.25 Cap on my basis - in a market that trades at 5 Cap on stabilized valuations.So, while it looks differently, there are definitely deals.

They are just doing their job responding to the complaints, so treat them with respect.You hit the nail on the head.  

@Maureen Nixon, @Brian Mcmenamin nailed it.

@Bart Charkow hit the nail on the head.

My wife is tough as nails and I know she'll be down to take any path, that being said I think if it was up to here solo she would just sell the place and accept we'll be working our whole lives like everyone else.

Now he says that he only covers lumber, nails, and screws.