Before jumping into the condo, I’d take a closer look at whether the $300/month cash flow is worth it compared to other options, like a small multi-family property or a property in a higher-yield market.

If you haven't checked the market for homes with "inlaw suites" or whatever your market equivalent is that can be a way to get it done as well. 

In my experience, tenants that remain in place for 5+ years are almost always behind market rates.

Astonishingly, I'd argue that the luxury Oregon Coast Real Estate market is still a bit under the radar. 

Federal Tax Benefits: You can claim depreciation deductions and may qualify for credits like Low-Income Housing Tax Credits or New Markets Tax Credits for eligible projects.3.

Study the market.

Even if you have a higher return in the stock market, you'd be doing it with a lower basis after tax and it will take a long while to recoup from that. 

We own SFHs in Columbia SC and like that market.

We invest in Idaho, probably the most landlord friendly market in the country, had good luck there. 

Additionally, the Kiavi portal is poorly designed.