A few things to consider when shopping for an STR on the Oregon Coast:- Geographic Restrictions: These are small, remote towns.

I’ve built strong relationships with agents, contractors, and other investors in the area, and one of my contacts informed me that the owner was considering selling but hadn’t listed the property yet.

The first misconception is that you can declare a property headed onto the market only S8 eligible, refusing to consider traditional applicants.

Setting financial and lifestyle goals and using lessons from your current setup can help.Good luck!

It works great for many people -- not me -- but it might be your best option considering your distance. 

To avoid that, set a firm, realistic budget from the beginning and make sure you stick to it.

You said yourself this can positively cash flow now, with the financing you were considering.

- would you consider the regulation/permit process strict or lenient ?

Those rules are set by Fannie/Freddie NOT your lender, or any other lender in fact.

I’m considering a 20-unit multifamily property listed at $1.6M, but the seller has indicated they’re willing to accept $1.25M.