We went on a bit of a detour but fast forward five years later and there are very few areas investors and buyers can reliable still secure a vacation rental permit on the Oregon Coast. 

I am more interested on passive rather than flipping or fast turn around.

Generally: 1) you need to call a list of LIKELY motivated sellers like high equity, seller/property of a certain age, inside your buy box, notice of default/liens/etc. 2) You need to make an enticing pitch, "Hi Mr Seller, I'm Gus and I work at ABC Solutions, a local family owned business that helps sellers get cash fast for their homes, would you be interested in an all-cash offer for your home?

Fast forward to present day.

DeVon Kennard wrapped up his session with a quote that will resonate with me throughout the remainder of my professional career: "If you want to go fast, go alone.

Licensable vacation rentals are obviously in high demand and offers can become quite competitive, I don't have any formal statistics but I'd say a quality active or eligible vacation rental sells at least twice as fast as a non STR property, the majority within days..My best advice to investors shopping for a hot or high demand asset class is:- Prepare & Practice: Get your ducks (GO UO!) 

Rents have been increasing quite fast in this market.Columbus among U.S. cities with highest rent increase3.

Fast forward in 2015 I quit my W2. 

I want to be able to repeat this as fast as possible, so I'm wondering if anyone has used private money to fund BRRRRs and how it looks.

Looking at Redfin's data, it is appreciating over time (probably more than $15,600/year), but probably not as fast as other highly desirable neighborhoods in the Bay.I previously lived in this home before I moved and converted it into a rental property.