Corvallis is notoriously “anti-building”, a more hyper-inflated market inside of its own bubble compared to the rest of the willamette valley.

That means making calculated numbers based decisions, not emotional ones.

We converted a old restaurant on the property to a coworking lounge, redid the pool and built out the roof to a entertainment center with fire pits, lounges, bubble chairs, barbeque, large screen TV, music, yoga mats and amazing views of the ocean and city lights.It is designed for coworking/coliving for business professionals and entrepreneurs who want to...Live where they work.

Could be a big bubble but, I think it’s a larger risk not to find out. 

This approach ensures you’re making decisions based on logic, not emotion.

Leave out the emotion, the lies, the manipulation, etc.

Brandon Turner here on BP has written a few good books to help.Lessons Learned:  Never let your emotions get in the way. 

Self management works if you are local and can separate emotion from business.

And the truth is, if the investment property was completely passive and you had zero connection with it, such as an arbitrary stock in a mutual fund, then I would agree not to get emotionally attached to any one investment.  

I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.