Two of the units are occupied by cash paying tenants at 1500.00 a month.

I'm glad to see you're considering a multifamily home in Portland—it's a fantastic way to get started.Portland can indeed be a bit tricky for multifamily properties, particularly with the current market conditions and tenant-occupied units.

I'm looking to buy my first property as a house hack ideally a 3 or 4 unit, and I have what could be a 3-5% down payment saved right now.

You can also take out a HELOC on an investment property as long as it is a 1-4 Unit and the total CLTV is not over 70%.

If I am going to hold and rent, 3 beds in our market get about $300 more per unit, and are desirable in there aren't enough of them.If you're gonna hold and refi, I would make it a 3 bed.I may be just looking at it from a multifamily perspective.Let me know what you end up doing.

It will not make its potential with you living in one of the units so take that into account.

In the CA gold rush there were miners and there were the stores that sold the mining tools. 

Ideally, the property is a SFH up to 4 units and in a decent or better area.

I purchased 2 duplexes in Morningside, Wayne County, #Detroit, Michigan (zip code 48224) February 2024.I am also an #Out of state investor.Both are currently going through repairs and updates necessary for the city of Detroit to give me the Certificate of Compliance for rental units.

Ask how many units they manage and how much experience they have.