Map courtesy of https://www.submarinecablemap.com/landing-point/hillsboro-or...According to the Hillsboro Herald:Hillsboro’s Data Center Market Booms in 2023Hillsboro’s data center market experienced explosive growth in 2023, solidifying its position as a major player in the U.S.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The new owner had it from 1986 to 1997 and when he sold it they listed it as a 1 bed apartment (according to the MLS listing from 1997), so we are pretty positive he converted it during his ownership. 

We pride ourselves in keeping the forums positive, helpful, and focused on real estate (please, no politics, religion, etc.).

I truly believe that with God, everything is possible, and I aim to live a life filled with positivity, service, and compassion.Looking forward to connecting, learning, and collaborating with all of you here!

If I were in your position I would ask for an official loan estimate from both the broker and service company. 

I also own a 140 acre farm that has moved from paying for itself to positive cashflow.

Also remember to consider the positioning within the resort - does it have a lake or forest view?

Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.

It doesn't appear you are in position to purchase real estate at this time.