I know many investors from NY who are choosing to invest in the Midwest because of the low barrier to entry and yearly cash returns making more sense in these lower priced markets.

You essentially would be digging deep into your own pocket when these costs arise.

I can understand that low cost housing will appeal appeal to a different tenant profile, but if the product itself is very good won't it also attract the kind of tenant you want more readily?!?

Are they going to just place a lien on the lot and bill me for the demolition cost or should they bill the owner for the cost as I don't own it and only have the tax lien? 

Also because your LTV is low, you have a relatively small amount of depreciation write-off to help with your taxes. 

Well besides the hard costs (construction, materials) and soft costs (permitting, architecture, fees, engineering) people often forget holding costs. 

. - Costs and Returns : In overly general terms the cost of doing business in Oregon, (especially on complex property types) is more manageable in Oregon in comparison to let's say...California?

That said, deductible would likely be $500 or more so how many nights would they need to get a hotel for instance and what would it cost?

They also mentioned their would by extra cost on their power bill “which they are responsible for” from having to run the well pump for an hour or 2 to shock and flush the system!

Which one of the paid lead generation sites are you finding most effective for getting lead lists and which mail houses are the most cost effective?