I discovered problems with the property and location after the fact which at first I thought to be awful but later found they were actually fairly minor in retrospect.

I went on to Zillow to know the estimate and I discovered the zestimate is lower than what the owner is asking for the property.

I am trying to discover and find those myself. 

My job requires me to drive to different financial institutions and I always see potential.

It all depends on loaning institution.

I have a renewed interest in real estate investing since discovering this wonderful website.

Wondering if the developer is hoping that institutional investors will gobble up these?

BUT, the most important piece of info I discovered is the in-state/out-of-state ratio.

I’ve thought about it a few times but discovered the answer is pretty simple.

The big sticking point is that after a little due diligence I discovered that triplexes in Portland are under commercial code and that they require sprinklers, acoustic batting, fire barriers, stricter egress and a list on other requirements that make the deal a no go.