Based on the numbers you provided, these are well above the debt service coverage ratio of 1.25 hence from a lenders perspective, this is loanable.

We host RE meet-ups as well.

Good luck and hope it goes well for you! 

Most PMs, especially the well established ones, will not always flex for specific clients like this but it could be an option.hope this helps.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

. - Manzanita, Arch Cape, Cannon Beach, Pacific City - Already well established as the more prestigious zip code on the Oregon Coast and just a quick drive from Portland this northern coast region offers premium restaurants, experiences and accessibility.

If you're goal is a long term hold, you're almost certainly going to do well even with a market rate deal in any of those states.

But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.

Are you thinking of investing in Florida as well?

As I see it, the only ways that real estate pays you well in the first 3-5 years is low to no leverage or a strategy that requires more work (short term rental, mid term rental, rent by the room, etc.).