If they want to severely overpay, cool, but as others have said, the risk of default in this case is probably high 98th percentile. 

As lenders, well issue a prequal/preapproval letter if we've analyzed your income, assets (bank and brokerage statements to establish that you have the liquidity to afford the down payment, closing costs, and reserves), review credit of the guarantors, review the relevant experience to ensure that we're not throwing our money away on newbies that are wandering around in the dark, and have put together a reasonable plan of attack for the project.

Certainly not by liquidating their retirement accounts that just suffered an historic drop in value.Do you feel that Oregon’s bias against landlords is a temporary fad, or a permanent change that may even worsen over time? 

Credit 700+, bank statements available, good liquidity position (almost enough in cash to purchase the property - but obviously know that's idiotic).  

The challenge is being liquid enough for acquisition, marketing, and closing to hold these properties for 36 months minimum.Thoughts on what is a fair partnership in this scenario?

The rental market here seems to be cooling and it's hard to pencil deals even if I rent by the room to achieve higher than average rents.

The cool part about house hacking it too at 100% VA disability is I won't be paying the taxes on it while living there so that offsets the monthly cost a bit until I get something else to rent it out fully.

Super cool!!

@Drew Sygit Cool thanks I'll look into DSR loans! 

does it make sense to just liquidate and get what you can get and put it behind you.