Investing actively needs to be mindfully assessed against balance in the other key areas of life. 

That’s why I did reach out to a 203K registered contractor in San Antonio to see if he would help me with renovation assessments on potential purchases before I jump into getting preapproved.

Put a large beach house on the NC coast under contract recently and wondering if there are any stories/tips on assessing a potential BRRRR opportunity in a beach/vacation area?  

Great time to assess what will need to be done to the property when they do leave so you can start to plan both financially and what kind of crews you need to assist.  

If you like it, write up the offer knowing that it makes sense based on the contractor's assessment.

I gathered all my notes in a 50+ pages document touching on formation and maintenance of LLC and business structures, transferring assets, protection strategies, trusts, anonymity, insurance, levels of protection, etc. including when you should do it, how many properties per LLC, due on sale clause, selecting an attorney, fees, checklists and resource materials.Doc: https://www.biggerpockets.com/files/user/CosIorg/file/tritoriam-fileAsset Protection Decision Diagram - to help assess the need for asset protection, and what to implement : https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-decision-diagramAsset Protection Onion Diagram - what, when and at what cost one should implement in terms of asset protection - https://www.biggerpockets.com/files/user/CosIorg/file/asset-protection-onion-diagram-v2What is needed for a complete asset protection OR the domains that need to be intersected to find asset protection

@Mike Schorah I thought his assessment of the three possible scenarios were pretty helpful 1) default ( highly unlikely)2) hyperinflation (buy assets/RE)3) raise taxes (buy RE)And if the price of things plumit it's an opportunity to buy at discount and increase your returns.That was the punch line for me.

I could get a property placed on MLS for just a few hundred dollars and it would be a one time fee versus the annual cost of the increased assessed value.

I actually came across this one below in a BP post, The Comprehensive Guide to Commercial Real Estate Investing by Ian Formigle. 

This indicates that there is a high demand for rental properties in the city, which is driving up rental rates.Property Taxes:Property taxes in Oregon are based on the assessed value of the property, which is determined by the county assessor's office.