Most tenants cannot afford to come up with a security deposit without a lengthy notice OR being allowed to make payments toward the deposit.

Good riddance.I know nothing of Pace Morby and don’t really read the lengthy posts here about him.

That's possible, but expect a lengthy timeline and significant expenses.

The feedback I usually get is that buyers wanted to assume the loan but the process was lengthy and complicated, and buyers eventually moved on leaving the seller with no equity and option to sell other than writing a fat check at the closing table since they had to continue to lower their price.

The fed knows they screwed up by cutting when they shouldn't have last time, so they're going to be extra cautious this time, and if anything overdue it on the side of waiting.

While eviction can be a lengthy and complex process in Portland, it might be necessary to protect your investment.

Yes, I have answers to all of this but they are for too lengthy for a forum post.

Looking at buying my first piece of property and finally found a condo I like in a great location, under budget but the HOA is stringent on rentals (all leases must be approved by HOA, approval process seems lengthy and min credit score is 700 FICO) should this be a deterrent for me in terms of buying this as rental property?

You mentioned arm's length. I

Foreclosure is a lengthy and expensive process.