When someone brings capital to the table, especially a business owner like your uncle the conversation has to start with expectations, not the property.Section 8 single-family homes will produce reliable cash flow, but you’re right: splitting $500/month isn’t usually enough to get a capital partner excited, especially when there are management responsibilities and long-term maintenance to consider.

Of the top ten revenue producing STRs in ALL of Oregon - at least two are in Bandon.

Cash Back at Refi ≠ ProfitThis one traps beginners.You pull $30,000 out at the refinance, and suddenly you think you “made” $30,000.You didn’t.That’s debt.You borrowed it.The only reason BRRRR works is because:The asset produces cash flow.The long-term tenant pays down the loan.The equity buffer protects you from downside.You’re leveraging debt into a cash-flowing asset.Not printing money.4.

Mine usually don’t produce much at all the first 2 or 3 years.

I believe for the patient mostly passive RE investor that leveraged RE can do well but1) residential RE is not passive, especially compared to index funds and etfs.2) because non commercial residential prices are near an all time high, interest rate is near high for this century, rents are all time worse compared to costs (per 2 recent studies) that you would be entering RE at a challenging time and a time were most RE will not produce the returns that were easy to achieve prior to 2022.3) RE provides diversification, but may not far exceed the returns from passive options.  

Hi @Adam HumesFinding a standard, turnkey "buy and hold" that produces solid cash flow from day one is incredibly difficult here.There are always opportunities for a buy and hold to cash flow though these are pocket opportunities.

If you have to sell sooner than planned, it’s usually harder to maximize your return.From an income standpoint, small multifamily properties generally outperform single-family homes because they produce more rent.

If the city keeps producing visible results from the last allocation, the cycle strengthens: investment → results → reinvestment.Inventory is down to 3,533 active listings.The 30-year mortgage rate is sitting at 6.18%.

Base your purchase price solely on the market itself, not off the revenue numbers the home has produced previously.

These households have mission-critical, direct income producing, or government jobsMarket performance: Since 2015, our property segment has averaged 9% annual appreciation and 7% annual rent growth.Vacancy: Under 2%This is why I don’t recommend “buying a property.”