If he does do something it will be very minimal and will be a very painful application process to get the government funds to do (what gov program isnt a painful application process?).

That was after about 2 years of lurking and minimal interaction...the soaking phase.

I work in a very stable industry and my company gives a raise between 4-8% every year so my income stream is a minimal concern.

You might want to try calling these local municipal offices beforehand And talk to a helpful civil servant by phone in advance to make the most of your visit and minimize the amount of time you spend in person during this pandemic bc govt offices are incredibly backed up and stretched super thin right now. 

I have been doing cash flow analysis but my question is Does the One Percent rule give an indication ofProper value on properties with many units ?

I am drawn to the idea of minimizing my housing expenses through house hacking and understand multifamily homes such as duplexes and triplexes are difficult to come by in Portland proper.

As the other posts have indicated, make sure you understand rental expenses. 

You can find plenty of multi-family properties in Dogtown for sale, and an FHA would be your best bet for starting out with minimal capital.

I was wondering if anyone could share what market indicators do they look at when deciding to invest in a market that is out of state. 

Any recommendations, input or suggestions to maximize cash out and minimize fees?