It was a battle getting them to agree to the Purchase price so I highly doubt they will budge lower, especially with closing scheduled soon. 

And I'd highly recommend doing a once-per-year walkthrough of the property yourself, so you know the manager is working in your best interest. 

What doesn't work as well is the beginner who buys for appreciation in a high market.  

I am worried about getting in with the prices being so high in the entire Portland area, but I’m more worried about not getting in and getting my real estate portfolio going.Best Regards,Justin

I highly recommend finding some events to go to on meetups.com/Facebook/your local REIA website.

This is typically due to a high principal and low median rent within the area or its remote and I believe it may be a struggle to find tenants.

The issue, of course, is that renting close to a college/university is highly seasonal in that students want housing mostly for the beginning of the fall semester. 

@Karan Shah Plano is definitely in high demand.

Any recommendations from out-of-state investors like myself would be highly highly appreciated.

I’ve been spending time there since I was a child and it feels like a great place, (except for the high crime and drug use, areas which I would never invest in…).