The Rental Owners Association of Lane County has a membership of over 1,300+ rental owners, representing over 20,000 rental units(from single family to multi-story complexes). 

Are the comps, really comps (i.e. ranch vs two story, sidewalks versus no sidewalks, subdivision vs not)?

I have heard a lot of horror stories so am a bit hesitant. 

If they close and sign up with us then we do a site walk etc and begin onboarding.I am also a broker who assists in finding the property, doing walkthroughs etc and I get paid a commission at closing from seller.Long story short I would expect them to give you an analysis of properties you are interested in for free based on the hopes of future business, if you want them to go above and beyond and attend showings etc then ask them if they are interested and offer them compensation for their time :)

. - We almost feel sorry for the foolish/naive DIY landlord that inevitably falls for their sob story and accepts them.We have had 2-3 that have gone through our process and so we accepted their multi-month payment.

Long story short: 5 unit multifamily set up with frontier internet.

There is a story to every pocket of every neighborhood that locals will know, but you may not, if investing out of state or in a market you don't know.

I’ve flipped a few houses and talked to a few investors and this is one of the biggest horror stories I’ve seen working with contractors.

Now if you could put down half of that and get the same cash flow, that would be a different story.

The smart play would be to build a two story wood frame structure on top of piers or concrete block in most cases. 35 feet is a pretty typical height limit in most neighborhoods, so depending on elevation you SHOULD be able to build two stories on top of the elevated foundation.