Option #2 of looking to move to PDX and invest in a property there in the next year is more nebulous at this point due to lacking a financial framework, but it's definitive that we'll have more time and energy to work on renovating whatever property we purchase before a baby is in the picture.

Geoff outlined the framework that will allow you to calculate your NOI.  

Here a quick framework to help structure your thinking process hereCustomers: From a business buyer's perspective, I'd look at things from a PM's customer base and the strength of that base. 

Institutional private lenders operate on a larger scale with more structure and formality, offering quick and flexible funding but within a regulated framework.

You can also attempt to network with seller-financing folks by looking for them on Craigslist, at the REIAs, or just googling for their websites.This is all unchartered territory and the legal framework is still evolving, and you are likely to get tons of different answers.

Sure Jay,  I can flesh out the general framework a little more.  

Building this foundation of goals and action plans will provide the structure and framework necessary for success.It seems you've mentioned feeling hesitant to take action and also facing liquidity challenges.

B you can get to on your own, you want to build your own framework first, but you will need someone to help you get to C most of the time.

I am particularly passionate about Python development, and a Python based web framework called Django.Macro economics geek, and with that investing in other asset classes for about four years, as I build up real estate confidence, capital, and education.

While they are indeed somewhat arbitrary, they provide a straightforward framework to filter out properties that are unlikely to meet my investment criteria.1% Rule: This rule helps ensure that the property generates sufficient rental income relative to its purchase price.