The condo has a healthy HOA/Regime and was a conversion in the year 2000.

I'm not at all worried about making payments as I trust in my ability to produce income and I have a relatively healthy savings account for a downpayment of 3-10%.The lenders I have spoken with are saying that without a full 2 years of self-employment and tax returns, there isn't even a chance for traditional homebuyer financing.

However, I recently found out that 3+ units in Portland are subject to commercial building code which can be much more expensive than residential.The pros I see are only one property to finance/develop/maintain/manage and the potential for healthy cash-flow. 

I'm putting around $25K into it (windows, siding, kitchen, bathroom) and should walk away with a healthy profit.  

Hi Cayson,We have healthy amount of inventory here in Lubbock, I wouldn't say that there's a housing shortgage at all, in fact we have 3 1/2 months worth of inventory on the market at the moment. 

However, it is absolutely within reach that for someone who started young - say 20-25 years old - they could be "retired" by 40, with a nice healthy chunk of money coming in for the rest of their life.

@Jeff Byrne10 years ago I got healthy by doing everything my family didn’t do.

My therapist says that's not healthy!

Then, your child is sick or something else happens and you realize that all you really needed was a healthy family, and good times with those you love, and this other stuff is marginal one way or the other. 

The human body needs a good 6 to 9 hours of sleep to do what is has to do to make the brain and organs remain healthy.