We can use the original part of the house for rental as well, which is valuable to help use understand the STR rental market better, ie what income we actually get as all we have current is the airbnb site itself and airdna (an airbnb analytics site).In short I think the downside is limited, and this deal with give valuable experience while testing my beliefs that it will make me some money!

The human race has historically been poor at predicting future, so it's wise to prepare for multiple scenarios.Mortgage rates in 2025 may decrease slightly if inflation stabilizes and the Federal Reserve eases rates, though they are unlikely to return to pre-pandemic lows.

Its not only important to know what the current regulations are but to also prepare for potential changes to those regulations that may coming down the pipeline.

Buckle up, and prepare for total loss, or an additional capital call or two in 2025.

The way to find it starts with testing and challenging yourself and your system.  100% during hot time is one thing.

There are tests you can buy on Amazon, where you can swipe it on the walls to determine residue.

Post on local Facebook pages for contractor referrals, go to local REIAs, and ask your potential agents and PMs (even if not using a PM at first...you may at some point).There is only so much that service providers can do and many of them are far from "experts"; so, be prepared to be your own expert at being willing to figure stuff out as you move forward.

Be prepared to navigate through potential tenant issues and lease terms. 

In reality, you are never going to be fully prepared by watching YouTube videos on how to invest in real estate.

Oregon also requires any person or entity that is flipping homes even one home to have a developers license there is no test for it just need and pay the fee..