You need a place to live no matter what, and I can't imagine rents are very cheap in Portland, so you're usually better off at least having the benefits of a little tax writeoff and mortgage paydown while you own, plus being able to paint the walls the colors you want, etc.I'd hang tight if I were you, see if your market goes up a bit more over the next few years (which I personally believe many will, just my professional opinion,) and try to refi and dump your mortgage insurance (assuming you have it) as soon as possible.In the meantime, hang onto your $50,000, keep growing it, and wait for the right deal.

They do not want the dark value with no tenant value to be less than mortgage balance at end of the primary lease term.You want to look at absorption  and comparable rents for industrial in the area to see how your property stacks up.If you buy at a high cap rate you want to look at the option periods for the current tenant in the lease.

People want a place to look bright, not dark and dingy.

I know this because I happen to be born and raised in in some of the hottest areas in the city right now.Since I'm black and from these areas, I personally  have no problem renting to low income people,  or people of color.

There should be various color codes for different types of zoning or possibly a number system for residential, industrial, retail, multifamily, etc.

When you start cutting into it, unexpected areas can go dark.

Since the roof line is kind of funky maybe you can get away with using multiple paint colors on the siding.

Their expertise minimizes your risk of a bad situation, and your choice of project will be less of a shot in the dark. 

Thanks for your help.How was your fall color this year?

But just a random stab in the dark they want you to overpay IMO 500 extra for the headache of a STR isn’t worth it, plus you’d have to furnish it and pay for all the utilities.