Seems legit but I don't know anyone who has personally done anything in the PMC. 

It seems that all posters above are focusing on building code which is irrelevant decades later.Municipalities enforce the maintenance code in the present for preexistent structures.

Hi Jingeli, this deal seems very good.

Contrary to what everyone seems to be saying these days, a good agent is worth their weight in gold.

Have a huge cushion and don't get too excited as not everything is what it seems.

I did some work in Corvallis and thought about investing in that area as well...just seems like Eugene would have a more robust market.

Since you have no contract, there is nothing that says you do not have to pay if you are not satisfied, and your spreadsheet would seem to indicate you owe him the money.Similarly, since you paid him for previous work on the spreadsheet, and the spreadsheet shows you owe him for additional work, your argument is not very strong.

The market seems to have a lot going for it with the beach, the lively downtown, the historical appeal and the night of lights draw during the winter months.

You seem determined to move forward anyway. 

Loan terms seem reasonable.