For example, I met an agent who is managing an Airbnb with a similar situation.

Example: Absentee Owner-owned over 10 years-and the search area you are wanting to stick to. 

If we use example above (bought the house for $40K and sold for $80K, roughly this is how it would work (excluding closing costs, paid in cash):Purchase price of property: $40,000PML to purchase the property: $50,000 at 6% APRDifference ($10,000) deposited to his account.Property sold for $80,000. $10,000 cash deposit collected from buyer.$70,000 financed as a 30 yr mortgage with 7% interest.Monthly payment to repay $50K PML in 5 years: $966.64Monthly payments collected on 30 yr loan of $70K @7%: $465.71$20,000 in the bank account after transaction closed. 

Oregon Coast would be a great place for some fresh boutique hotels! 

An example would be no custom showers like the one in this post and using tub/ shower inserts instead.  

Quote from @Brandon Robertson: Yes, please come back and update us.This is a great example of why it's important to understand local law.

And that's a very simple example but you get the point. 

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

For example, what is the cost of living now and projected in the future? 

Here is an example, you know that I do some real estate coaching and I also partner up with money partners to buy real estate.