Flipping is not as much fun in Vancouver due to the excise tax when selling.All in all I think it makes sense to continue networking with people in Portland because as time goes on more and more people will be moving across the river when their financial and family situation aligns with moving north. 

Similar to undisturbed asbestos: if it isn't being broken up and entering the air supply, it will not do you any harm.But, per your comment and aligning with my message: you really need to know about building conditions, warning signs, building codes, tenant/landlord laws, etc.  

Of course, it will help if your actions are aligned with what you say you're intent is.

In this type of project there is no room for mistakes because the project is multi faceted and it's imperative to align all parties especially the local G.C and the modular container builder.     

Their fee is tied to NOI so that your goals are aligned.

A PM's interest does somewhat align with the property owner's, but typical PM fee structures provide the PM incentives that are not at all aligned with the owner's.

If you're here on BP, I'm guessing your values and plans to be a real estate investor do not align with Seattle. 

I recommend that you start by identifying a strategy you wish to pursue, choose a market that aligns with it, and establish your Core 4.The main challenge I observed is that individuals often lack a clear end goal or strategy, or they select a market that doesn't align with it.

Ultimately, align your decision with your long-term financial objectives and risk tolerance.

I see this investment model as looking for cigar butts.Look for alignment of interests.