It's crazy how different consumer vs B2B loans are regulated!

With the current laws and regulations in the area, is there potential for moderately cash flow positive properties given the current market? 

I am totally willing to look outside Portland proper, and might actually prefer something outside the city because it seems the regulations are a little more lenient outside of Multnomah county.

That reason means either less demand or more supply.  

Are you simply trying to avoid the fees and regulations that go with an LLC? 

It's clicky, be sure to look up rental license requirements as it states you must either live in the area or contract PM with a local provider, even local regulations support how clicky it is. 

Their is demand out here in Los angeles for short term rentals since the city imposed lots of rules and regulations recently that closed down many people that are not following the rules on short term rentals.

There is always the chance that they start to gain more control over your property than you have, but that's besides the point.We are still in a very strong seller's market right now, or demand is far exceeding supply.

different banks have different risk thresholds. if the state has a real property disclosure form requirement, then seller would be required to disclose in the future. sometimes tanks can be closed in place especially if the state does not regulate the heating oil tank (depends on size) and its close to house(basically fill with sand). but you can do sampling to show that the tank has not impacted the property.

Especially considering managing the listings, bookings, supplies, cleaning, etc.