With a double close you cannot openly advertise the property for sale without a license, but if you have a good end buyers list then its not a problem.

I purchased in 2019 and there was certainly a learning curve (understanding county rules and code, getting to know the local renter demographic, dealing with a limited pool of service providers in the area, understanding fire risk and mitigation; etc).

Local Regulations: Be aware of Portland's rental regulations and tenant laws.

One of the most important roles your PM company provides is knowledge on the legal side of leasing at a national, state and local level.

@Michael E. thanks for the positive plug:)Manny, most locals buy appliances at ABC Warehouse.

Hosted a meetup and met a ton of local investors, I’m somewhat known in the local LA REI circles.

They had an ad online for prospective tenants advertising 200+ vacant rentals.

I had called my two local Title Companys and asked them and one had no idea what i was talking about!

I’m planning to initiate an STR in this locality and would love to join the community.

We had a local investor that lead us to this deal it was turn key 4 unit for 68k.