Home rents are also high, but not ridiculously high. 

I thought 3 weeks was a long time but 3 months is pretty ridiculous assuming your property is in good condition and at a reasonable price.

For a personal residence, I wouldn't overpay ridiculously, but I'd certainly give it some consideration if I really wanted the house and inventory is limited.

That's how I'm approaching this challenge, prepare as you mentioned by learning from others but then taking the leap and inevitably making a few mistakes of my own.Admirable and manly as this list of professional achievements is, there's nothing here about overcoming serious mistakes, about being laughed at, ridiculed, successfully taken advantage of, bankrupted, stripped of your illusions, broken on the wheel of life, and still finding a way to come back from shame and personal failure.You're going to need some of that, Gregory.

I'm considering legal action myself once I get a spare moment, this is absolutely ridiculous.

The Portland market prices are just ridiculous and the market is showing a very slight relative cooling, but as of May, inventory was still a 1.9 month of supply and prices are still rising, up another 1.9% from April to May, so I don't think there are deals to be had for someone like me doing this on the side, I just don't have the time.

I am here to learn and gain knowledge not be ridiculed and debate over what im writing.

One reason I don't predict a major crash again well a few.. and why I think fence sitters may get a sore butt.is that so many of the NEW crop of landlords are better prepared than pre 08  they have more money into the deals they are far more educated.. the turn key business is far more mature and reliable than pre 08... so that helps those markets. financing has been locked in at historic lows 5 % and under long term money is ridiculously good.. also this crop of landlords had the best buying seasons ever coming out of 08 to 2011.. so asset values were reset to under replacement values and under by a long shot in some markets.. 

It would be ridiculous in my opinion to demand one on a property that I didn't bring to the buyer.That being said, I am doing my own form of off market farming, but more of a targeted-area traditional MLS listing AND/OR potential off-market deal, depending on condition as I am completely mentally exhausted and done with my service business that currently pays my bills (and wastes my time :) ) and have a burning desire to replace its income with RE commission ASAP so I can roll up my sleeves and start building a RE empire full time. 

However, start hunting, evaluating and making ridiculous offers thru the selling agents while you get your wedding done.