I mean with me being newer into the market and industry, I wanted to get my feet on the ground with local deals and local experience with a surrounding area and market I’m familiar with.

Borrowing this kind of money to fund aggressive spend on growth in a high gross margin industry is once thing; covering Op-ex shortfalls is indicative of near term distress. 

Being more affordable than the southeast, allows us to get in with a better basis and potential for growth as more people seek out affordable places to live with strong lifestyle amenities, and convenient travel available: major industries, all major sports, Delta Hub airport."

If so, it doesn’t matter if it’s an SFR, a mobile home park, a retail shopping center, or a skyscraper.

Oh boy.. and just watched the big short yesterday... how soon we all forget@Marco Santarelli  I see this going right back to what got the industry into trouble last go around owners with little or no cash into deals.. especially lower end tough to manage properties.. just because they can get low down they Better Have substantial reserves. this model created a lot of failures from owners ...

From oceanfront vacation rentals to multi family complexes to RV Parks, boutique hotels or storage and industrial facilities, Oregon real estate investment opportunities come in spades.

this industry is very scary

All 5 units currently rented:  LT renters $850/mth, Retail Shop space $850/mth, and 3 STRs averaging 6k per month. 

There is a whole industry around going after bad operators.  

It's a 2.7% tax on gross amount of all retail and food sales and they specifically mention STRs.