They require all cash to buy so the people there have money.

You are looking at this through the lense of cash flow, don't forget you are also paying down the mortgage and might see some appreciation, so equity growth might be more than cash flow.

Purchase price: $145,000 Cash invested: $60,000 Finding a move-in-ready home that offers modern upgrades and country charm can be challenging—but this fully renovated 4-5 bedroom, 2-bathroom ranch is the perfect solution.

It's a more affordable market and lower property taxes, so you may actually have a chance to cash flow.

The appraiser is there to determine fair cash value.

I plan on getting a property every year until I retire if I can find a good deal that cash flows positively.I have a very close friend whose stationed in Columbus GA whose a real estate investor and owns rentals there!

Additionally, the fact you might be negative cash flow in Texas will give you more flexibility by renting in Portland.  

I texted her the rent amount on Tuesday afternoon (per her request) & the various ways to pay it - she said she would "get with me on the payment". 

First time investor, looking for cash flow.2.

Additonally investor buyers use matrix like cash flow to determine value.