The Oregon location, I'm trying to work with my brother on getting him an FHA loan and me covering the cost on a multiplex and he has been delaying a bit.

National economic trends, local economy, neighborhood situation, home condition, desirability as a rental, demand factors as a purchase, and too many other factors to mention. 

The property is part of a large condominium and is located on the backside of the building (i.e., it does not have an ocean view).

Hey Ahsan, I'm a local broker and investor.

However, when it comes to domestically local real estate we have a particular challenge.

https://www.biggerpockets.com/forums/55/topics/1188180-local...

Local input and city planning suggest this access has been in use since the highway was built, potentially supporting a claim for a prescriptive easement.While this access previously held little value, recent developments have increased its significance.

Tenants typically pay around 30% of their adjusted income towards rent, with the government covering the rest based on local payment standards.

If I was going to do that I would be more comfortable forming a partnership with someone local with experience.

Hi Jeff,As Dick said, Springfield is a challenging location from a tenant perspective.