Take into account elements like the down payment, closing fees, ongoing monthly expenses, and prospective rental revenue.Market Research: Find communities with high rental demand, low vacancy rates, and potential for appreciation by doing in-depth market research around the Portland metro region.

I personally find that the metro areas such as, Arvada, Westminster, Wheat Ridge, are all great options depending on your criteria.

Well it depends on your loan terms.

That's with 20% down and a 7.5% interest rate.

It all really depends on where you are and what type of property etc 

Airdna shows the avg. daily rate around $400, which sounds really good to me and occupancy at 56%.

However, with mortgage rates being so high when I bought, I am worried I will have some negative cash flow (approximately 200-300 per month as a long term).

Can I create an LLC and transfer the house to the LLC without changing my current mortgage rate?

If you want to paint them, hire a pro and pay them a reasonable rate- it's usually at least $3K to do it right, or just leave them. 

What was the actual interest rate charged?