@Patrick CousineauBased on your criteria I’d check out Sellwood or saint johns areas

Check out this photo I woke up to one day of ash in my pool (it's like it's snowing some days, except it's ash):

If you have a PM, he should have properly check out the tenant prior to renting.

I recommend that you check out the following resources:1.

Will make sure to drive up that way and check out the areas.

The property that I saw was located in GA so I'm not sure if that would make the cost per unit more or less.I will definitely check out that spreadsheet and see how the number pan out.on your deal are you going to have to renovate all or some of the units also if you don't mind me asking.

It will show you how to think like a syndicator and you  will be able to under write your prospective deals and make sure they check out. 

I'd also say check out Haslett, Holt and even Mason!

I am going to check out a for sale by owner this evening after work. looks like it will need a new roof and a remodel, something I would call a Contractor Special.seller won't start packing until he gets cash in hand I reckon.

If you'd like to get started with a bit less risk, I'd check out @Zach Lemaster over at Rent to Retirement.