if the property is in Oregon they need state MLS and NMLS registration for ANY loan on a 1 to 4 unit regardless of purpose.thanks appreciate your feedback- we're only pocking $40k after paying off another heloc and debt. need to finish a big electrical job on the house, etc. so can't save up, but still have over $100K equity.

Get your own boots on the ground, meet the people you will rely on aka the cleaners two handmen, meps(mechanical, electrical, plumbing) contractors.

I work for General Dynamics Electric Boat which has decades long contracts with the US government and the turnover rate is relatively high in the company so my thoughts are if I could choose a place that is within commute distance there and within the price range of the average employee that maybe that could be a great idea but I want to know if people think that is too much of an assumption and risk to make?

Purchase price: $55,000 Cash invested: $65,000 Sale price: $140,000 First complete renovation all but reframing--new electrical, HVAC, plumbing, complete bathroom and kitchen demo and remodel.

Note good does not necessarily mean cheap   Look at helix hospitality.Amazon sells mattress and box spring wraps that prevent bed bugs getting into the mattress/box spring.  

The cost of living and cost of replacing are getting harder with more extreme events.Cost of electricity and cost + availability of water will also start to play even larger roles than they do today, especially in hotter states.

If you did a septic complete and well drilled and electrical to the space then that has value in appraisal.

Electric $900/mo. 

Buyer is encouraged to conduct inspections to confirm the property, including the electrical system, meets their expectations.3.

I had the electric ripped off a property a tree.