One of the reasons, besides the climate, is that Crook County gave them some tasty tax incentives.Only 3 cities in Oregon are liberal (not socialist).

Especially now in this political climate. ugh.

Also, Puget Sound weather means vegetation grows like crazy relative to dryer climates like SD, for example.

While the economic climate dictated his profit and it cannot be expected all of the time, there is no profit to be made when renting on accident.  

From there you can easily trade your accumulated equity for small ownership shares of companies or bonds in a sensible split and use a tool like cFIREsim to precisely model the behavior of your portfolio for hundreds of periods with different economic climates.  

I've written about climate change and weather risk pretty openly, though I agree lots of people are NOT talking about.

Even though I don't live there... all of my investment properties are in Texas... mainly due to the regulatory/business climate.

That's your starting income goal.Then buy another bottle of wine and sit on the deck with a world map and talk about where you'd love to live (not whats the best investing climate - that's a moot point).  

The political climate is becoming increasingly anti landlord, and I do not want to entrust my assets to the personal whims of any city counsellor.

I understand in the current political climate this kind of bigoted and hateful rhetoric is seen as cute by some but Iḿ not one of them.