It’s important to note that all markets have mixed neighborhoods, so careful consideration of the location is essential.The advantages of working with SDIRA Wealth is in their extensive market research.

It was tricky because the basement ceiling height is not quite 7'.From what I have read online, Fairfax limits STRs to 120 days per year, so it would not be feasible.

One consideration as you are working on locating private lenders, is that IRA, 401(k), and other retirement accounts can be used in many cases to make private money loans.

I will definitely take these into consideration , thanks for taking the time to reply to this post . 

Thanks for offering such a clear and grounded approach—I’ll definitely take this into consideration moving forward.

Quote from @Byram Heights: You shouldn't be in this business!

Maybe not as flips since the markets are different, but will lenders take any pf that experience into consideration? 

There is no consideration for risks, areas, quality of the house, renovation, or management.  

But it gives an idea of the basic considerations and protections you want to have. 

Prioritize properties with strong rental potential and set aside reserves to handle unexpected costs.Finally, familiarize yourself with tenant laws in your target market, especially in Portland, and consult a real estate-savvy CPA for tax efficiency and legal considerations.