Running a fancy Class A downtown luxury apartment is far different than a 50 year old building in a low income area. 

@Vaibhav Pandeyi strongly recommend that you not invest out of state unless you are willing to go there in person multiple times / as many times as it takes to build your team and look at properties.way too much investors on BP buy a random house in a supposedly low cost market and then get crushed with deferred maintenance and high cost turnovers. 

I've written about the low inventory and rarity of oceanfront properties on the Oregon Coast.

Also recognize that if there are more defaults in the association, again your buyer pool will be very low as investors typically do not like condos and most owner occupied borrowers do not have cash.IF I was buying that many units I would also have a third party engineering study done or ask the HOA when the last one was done.

I have searched high and low for services (Doorstead, Craigslist) but it seems no one is offering that level of service, or if they do I don't trust they can deliver considering my specific needs (experience with potential section 8 type community) in an increasingly gentrifying part of town.

Hi Rose- Few things to note about buying an investment property.1) Expect to be putting down 25%, as this is most lender's required downpayment on "investment" properties.2) You likely won't be cashflow positive unless you are putting >50% down, OR are buying in a C-class or worse neighborhood.3) Starting out with a condo or townhouse could be a great idea if you're just looking to get your feet wet with landlording- It is less maintenance than SFH or MFH, and you will gain invaluable experience managing a tenant.Aside from the financial challenges, I think it's great that you have the mindset to grow your portfolio.

STR you'll generally get more though despite the low months.

Mortgage applications are negative YoY, and remain near the lows during the Financial Crisis.

Anything under 75,000 or 50,000 you might want to consider a local small private person or friend and family as hard money wonders do not that low dollar amount.

The reality is the assessments are correct, but when you do the math based on the tax rate (which in most locales has also gone up) our property taxes on our properties is up an average of over 10%…I know some will say “fight the assessments” but honestly I think some of them may be low (and truth be told I would guess less than 5% if people contest assessments).I am curious, have others started to receive their assessments - and were you in sticker shock?