I’m based in Portland, Oregon, where residential investing seems challenging due to landlord-unfriendly policies and negative cash flow on higher-quality properties.

Please let me know your thoughts… or if I am way off base on what you were trying to accomplish.

The hours are erratic, it's all commission based and I'd say it takes about 20k to get started depending on the market.

My capital continues to be completely tied up in the property since I'm pretty maxed on my LTV and likely can't unlock any more equity with a HELOC or something like that.The goal of this project was always meant to be a short term exit so I could continue to try and aggressively grow my real estate portfolio, but now it feels like I'm stuck at first based.

Experiences will vary significantly based upon location.

That way you have a home base that isn't sitting vacant and you are producing income. 

Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant. 

So in lieu of responding directly to the resident(s), I figured I'd touch base with the BP community to provide some insight.

If its the business then asset based lenders may be interested.

Of course using a freetobook, owner res, smart BNB type channel manager. decide which of those you want to be on based on your results for at least 6 months.