I've been a real estate investor for 3 years, at first it was going to be buy and flip but I re-evaluated my markets and changed to rent and hold.

This process will allow you to open a business bank account in Florida without the need to re-register the entire business.

All depends what you are looking to spend, what kind of tenant you are looking for, and what your values are for cashflow/appreciation.Once you ask yourself these questions, then you can start to pinpoint areas that best suit your needs.Also, RE is one of the investments that can become less risky the more you spend - ie a good location 

Stellar first steps toward learning and growing in RE! 

I'm a new investor in buy and hold RE. 

I've been a RE developer for nearly 20 years and I guide ordinary people to redevelop communities in an impactful and profitable way.

If you aren't prepared to deal with very basic things you should re-evaluate your situation and work to get prepared or hire a PM.

Even with jurisdictions being ADU friendly, adding an ADU is one of the worse RE investments.  

There are also a few Oregon RE investor Facebook groups that you can join to make connections with folks who are doing deals in the area. 

I would also say that markets like Manhattan are not super representative of most markets in the US - a lot of foreign investment I'd imagine in NYC, Miami etc - I'd guess a lot of these cash purchases are more about exchanging unstable or risky foreign assets/currencies for perceived stability/safety of US top metro residential real estateI think in a lot of other markets where this isn't relevant - I think most are cash offers being "king" as not having appraisal or other contingencies that might sabotage the sale after 30 days or so and make people re-list (sellers will take less to avoid this risk and downside)