The agent you spoke to should be ashamed of themselves for not asking you any questions and at least attempting to do a proper risk assessment.3.

To say Oregon coastal housing inventory is limited would be an accurate assessment. 

We have unwrapped dozens and protected all from the DOS clause. 

There's a HOA you mentioned - so there will be HOA fees and every 5-10 years there will be a "special assessment" (this is equivalent to capital expenditures on a LTR type house). 

I had to call them - not exaggerating - dozens of times, and then when they finally mailed me the check, it was the wrong amount.  

I believe about a dozen different ones, each one for $8,000.

Hi everyone,
Long time lurker here. I'm interested in getting started with turnkey and/or brrrr for long term hold. I have 125k cash and own some land outright worth ~100k. However, my challenge is a lot of student l...

Another simple idea is to just have an expert assess the condition of a few of the best properties you find with the original strategy. 

NV and AZ have low property tax rates compared to my 2.72% and 2.78% Indy property tax rates, which also saw a 17% increase the last assessment.

Since you got an appraisal done about a year ago you can add about 10% to that value they provided to get an idea of where fair market value stands today as a ballpark.No appraiser I know is going to look at the HOA financials and factor that in, because they are only concerned with the asset for appraisal although we all know the health of the HOA and financials still play a factor in the sale of a condo.I'm dealing with a similar HOA right now for one of my listings where the reserve is at only 7% funded for what's needed for the budget and there is an upcoming special assessment for each unit.