Prospective Oregon Coast STR investors are encouraged to be fully prepared for rapid execution and to expand their search to areas that might not be of initial consideration as licensable inventory is increasingly limited. 

Here's some food for thought:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

The agent will prepare a commitment with requirements for closing including a deed from the party the insurer believes is authorized to sign the deed and any supporting docs they need to be comfortable in issuing a title policy to you w/o an exception for your concerns.

It takes a lot more effort to make the inspection go through smoothly when who have situation like this in your hand. withing 48 hrs. written notice you should have been able to go inside property for Maintenance and Inspection. check your leasing agreement see if this was added to your lease.Its good that he's communicating with you, keep that channel open and work something out but be open and expect if this led to actual eviction. hope for the best but prepare for the worst. shervinrealtor.com

Just be prepared for managing low grade areas. 

Hi BiggerPockets Community,I'm preparing to rent out a 2-bedroom, 1-bathroom unit to college students and would love some advice on how to furnish it effectively.

I bought this property from a company that buys distressed properties, rehabs them to prepare them for rent, and then sells them to a buyer.

In the meantime, I am preparing myself and want to know people in the more affordable areas.

Too many landlords think that lease agreements are not important enough to have an experienced landlord and property management attorney prepare.

Otherwise prepare to cry and wonder if your money is being stolen.