Don’t shop for interest rates.  4.  

Perhaps reach out to local agents who work with a lot of buyers in your market and see if any of them need a place to rent while they house shop (inventory is still low).

But I would keep for a work shop if your doing value add to the house.  

Have you read any of the books here in the BP shop yet - I'd definitely recommend the BRRRR book among others. 

I recommend talking with an experienced broker who can help you shop multiple lenders  

You have acquired skills that are worth 500k, so maybe you can translate that into an adjacent career path and leverage your existing skills?

Sell the home to whoever your target tenant will be - modern, sleek, urban, renovated, bright/spacious; then sell the location - not whether they have a bank account or need a 7/11 - just that it is located to 'dining, entertainment, shopping, more.' 

@Chris Seveney I remember when cupcakes shops were popping up everywhere and were a big thing.Then, poof, most of them were gone!

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

A few things to consider when shopping for an STR on the Oregon Coast:- Geographic Restrictions: These are small, remote towns.