An entity that operates hundreds or thousands of apartment units has far less concentration risk than an owner of a few rental homes, whose tenants may all be impacted by COVID-19.Do you think Portland’s ten-year trend of positive economic growth for landlords will continue, or will it flatten out, possibly even declining in the wake of COVID-19?

We have an accountant with a chart of accounts to manage everything but I do not see why you need one for operating expenses vs. income.

I started my OOS HML  career in Detroit and that was 2002 and WOW coming from our area what an education I got.. my clients that were doing turnkey at the time and all the buyers were out of state ( basically LA based) the local on the ground operator was very good he had all sorts of tricks to try to keep the houses safe.. the one i really liked was painting the copper pipes grey so thieves would not steal them..

Imo it's still better than operating an OOS, STR, at 60 years old. 

Working as a property manager gives you such valuable insight into the market, tenant relationships, and property operations—it’s a fantastic foundation to build on.What kind of investing are you thinking about starting with?

As for strategies, do you have any other skill set that you can bring to an experienced operator?

Once you become the homeowner, we transition into a property management role and handle the day-to-day operations of the rental.

Even if it's in Vegas or Flordia it's still out of state and will require a property manager for the day-day operations.

This will give you an idea of traveler's budgets and what's in demand in your area.As far as design and photo recs, connect with those in your market to get referrals from other MTR (and STR) operators.

If you operate as a separate business entity - S-corp, C-corp or a partnership - you may be required to have formal compensation for yourself: either a W-2 salary or so-called guaranteed payments.