However, my strategy and company direction has changed much since then and prefer to keep the borrower in the property (think keeping a renter in a property to cover costs).  

However, keep in mind that Portland’s market can be more challenging to navigate due to higher property prices and stricter regulations.As you’re building your team, especially in regards to contractors and hard money lenders, it's crucial to vet the contacts you get from wholesalers or other sources thoroughly.

They keep the unit in okay condition. 

The best option I see for you, if you can't get the line of credit, is to partner with one of us local rehabbers that have experience to make sure that $70k is legit and keep the project moving on time and on budget. 

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

Keep Thursday open.

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

It doesn't have to be art since it's most likely in a closet anyway and it won't take much to keep the filter covering that hole with the help of gravity.If you are planning on relying on that system for an extensive period of time though, I'd probably get it inspected by an HVAC professional.  

I keep going over how many other potential properties I could have purchased  and had actively bringing cash flow at this point if I’d have let this one go and moved on.

There are much smaller homes in worse parts of town renting for $1600+ currently.There is not a cap on how much I can raise rent here in SW Missouri, and my thought process was to keep the rent a few hundred dollars under the market rate so that if they decided to look around, they’d realize they can’t find anything comparable with the new increased price and stay anyways.