That location is probably one of the best places to be in America to be an investor.Locate in a market that is convenient for you and is popular as far as sales go.  

Affordable - apartment units, which are the most popular purchases for foreign buyers are approx.

This map is a bit outdated:  http://www.akc.org/akc-dog-lovers/bsl-popularity-on-decline-nationwide/If you want to change any laws on HOAs it always takes a vast majority (in my primary residency case it is 75% and in my rental place it is 61%). 

I can see getting a substantial discount there, though even that may be limited somewhat now, since rehabbing/flipping properties seems to have become rather popular since the last bubble / HGTV, so I suppose there's competition there, too.

http://money.cnn.com/2016/01/04/real_estate/oregon...And still I can find 1% plus along the coast (mls). Hey,  compared to what is out there nationwide ( many burned out cities with bad weather)  this looks very attra...

@Brian Terry SmartMove is another popular on on BP:https://www.mysmartmove.com/

They are both overall market generalizations so I wouldn't give either much weight...jus another piece of information. 

I would also tend to look at property is close to downtown and/or is popular.  

When you say business card, what you really mean is paper weight.

The reality is that he has to do weight and viscosity checks constantly on his mud and has to time pump strokes and figure out volume and pressure to make sure his pumps are not leaking or need a packing repaired.