But if costs are high or demand is uncertain, holding onto the land while monitoring the market might be the better play.

If the latter, how does that look on a day to day in terms of operating, marketing, and the ownership structure?

Im working on getting another appraiser over there in hopes i can get mid to high 6's Maybe try a BPO - this will be cheaper but not as detailed and should give you a general idea of the market - its much more expensive and time consuming to get an appraiser if your going to do multiple of them.  

I don't invest overseas, but I do invest in multiple markets across the U.S.

If a policy excludes wind coverage (more common in places like Florida where insurance is severely strained by weather and other market conditions) then all wind related events are excluded.In those cases, it's sometimes possible to purchase a wind policy (usually covers wind & hail) which would provide tornado protection.

If you ever need insights on the Portland/surrounding markets or strategies for maximizing returns, feel free to reach out.

➡️Harness the power of branding and marketing.

We are Canadians eyeing up the market in the USA and looking to start investing in properties across the border. 

Airbnb brand is strong 💪 Correction, AirBnB marketing is strong. 

Cleveland would be a great market for you.