I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.

I am nearby in Lake Oswego and would love to connect, swap resources and be (as my kiddos would say) "an emotional support buddy"!

., constructive receipt doctrine, effective control over nominal 3rd party relationships, lack of genuine risk bearing and compliance with transactional terms, etc.).

If the answer to both added questions would be "yes", then you have a potential goldmine here.Combining the seller's concerns, and the reality of a big down payment being a negative to the seller (see Q: 1), you should be able to set the terms, with a lower DP, and controlled interest rate, to have this property CF and,...be able to sell the package to another REI down the road,...as long as you buy this using an LLC (a new one). 

You may not occupy your apartment without electric service except during brief interruptions beyond your control.

Many of them struggle to relinquish control and delegate tasks to specialists who are better suited for those specific jobs.

Quote from @Gregory Wilson: This depends on what level of control you can exercise over the W-2 employer.

I would also be concerned with land rent going up over time, and having no control over that.  

These are areas GPs can control and I guess choosing not to. 

Even worse, the investor has no control.