We already have a few mid-term booking requests so just as I thought, my vision of what's possible is coming to reality. 

preREO is a marketplace for non-performing mortgages as well as REOs.

Lakefront or forest view properties perform better.With an effective dynamic pricing strategy, you can still achieve solid occupancies in this market.

Its much harder to turn a property around in 6 months expecting to have 100% of your money returned back to you - but if you focus on the right property focusing on highest and best use with an ADU add (like mentioned), in-fill/lot split, or other rehabs - then hopefully a semi-decent property like that will perform like a champ in a few years. 

What loan terms are they underwriting?

When you're deployed you keep the property as an investment and put a renter in it and rent if out for a few years.As long as you have lived in the property for two out of the previous five years ( Two out of the previous ten years if you're in the military) you can get the primary residence tax free exemption.

Was a good unit turn performed?

I purchase my personal investments to maximize their equity and hold long term.

However, I probably would not upgrade it but I would rent it out LONG TERM at least until you know your long term status in Portland.  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!