Hello BP,I want to run a scenario by everyone too see if I grasping the fundamentals of Hard Money Lending.

Not saying you won't get it, but you will have a reduced renter pool and the renter pool you will have has options if they can afford $3k/Month. 6) Markets run in cycles and while Portland has great economic fundamentals, it has potential volatility.

This is a basic and fundamental concept, such as risk vs reward.  

It has good market fundamentals- population and job growth.

Generally speaking if the rehabbed home is only worth 50k in 2017 there is likely something fundamentally off with the location...bad schools, crime, pop. loss, lack of jobs, high taxes etc.

Give me good fundamental benchmarks to evaluate a good opportunity.

Many serious investors visit their prospects since the actual location can be so fundamental to what is possible not to mention the physical property itself.

Fundamental depreciation rules have not changed.

Both markets are good and viable for rentals, but I think the fundamentals of Memphis are better.

And I'm very cautious about houses that are obviously flips that still need fundamental work to be done.