I do generally agree with the sentiment of Austin and the other hosts that fundamentals will always win out in the long run, and this by nature is a long term industry, even the sales side I'm learning.  

Your sentiments are reasonable. 

Part of this is sentimental value (wife's grand father built the house) but I don't want it to be a money loser. 

My market has many people with this sentiment.

However, evaluating your sentiment (and your wife's) on that will be important. 

Because the legislature has passed protections for unpermitted units, a tenant should not be able to make any claim if it is a safe unpermitted unit.i agree with your sentiment on getting the ADU permitted, but not for the reasons you stated.  

I agree with that sentiment - I have seen a property go to sheriff sale where Wells Fargo was the lender for a first position, and trustee on the second position.

great sentiment, especially now, after the hype train of the covid, its interesting to see who is sticking around, keeping their heads down and putting in the work.

I generally agree with the sentiment that the Portland real estate market and others may not feel like bubbles due to a general trend of livability/demand + constrained supply.

I know some of the sentiment around here is to just get your marketing pieces in the mail, but I'd like to do some level of testing to see what works before significantly ramping up my direct mail campaigns.Finally, the main reason we are doing this is our thought process was that Listsource is available to any Tom, Dick or Harry out there whereas our list would be complied ourselves and target obviously distressed properties.