As mentioned above, Portland has more restrictive rules than most of the state of Oregon.

To list a few...Anyone who wants to increase their property’s income potential (and equity) and build new housing in a market that struggles with high prices, low supply, and few new construction.House hackers who live in their primary and want to airbnb an ADU love this strategy or vice versaInvestors who want to do both long term and short term benefit from having two separate units.Rental Restrictions on ADUs.Thankfully, Raleigh is very STR friendly and ADU friendly right now.

You might find a local credit union or community bank that will go to 95 -100%.At one point I called 2 different VA Regional Loan Centers regarding this section in the VA lenders handbook:Assumability - The second mortgage should not restrict theVeteran’s ability to sell the property any more thanthe VA first mortgage.

There may be restrictions on when you can exit and how you exit.

Go to the city and county of your prospective STR and ask for the deed restrictions and/or municipal code, for the specific property.

Quote from @John Underwood: LOLI'm certain they will add restrictions to prevent people from doing this.

These 2 platforms don't focus on MTR but vacation rentals so using Furnished Finder is a better way to get those longer term folks.I have always been a bit concerned about the area's penchant for restrictions.

Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".

@Jeet Sangha You need to sign a Deed Restriction for Owner-Occupancy.

The City of Portland, and Multnomah County are more restrictive than most of the state for instance.