If rates come down at all I predict we’ll be back in a strong sellers market (competitive offers, steep appreciation etc) because inventory is still low. 

Prioritize properties with strong rental potential and set aside reserves to handle unexpected costs.Finally, familiarize yourself with tenant laws in your target market, especially in Portland, and consult a real estate-savvy CPA for tax efficiency and legal considerations.

@Sean Gallagher - My initial reaction is that if you're thinking about a property manager to help oversee the daily operations you're probably at a point where you need to get one.

The letters are pretty vague and when you look on the EPA website they talk about a 10-year initiative.

In 2016, we returned to KC and purchased our primary home in Liberty using a Doctor’s loan.In 2020, we developed a strong interest in real estate investing.

I realize this may not be a strong enough reason if the market dynamics have shifted.As for California, my interest lies in the fact that I live here.

I'm sure you'll find strong connections on/through this forum.

Great initial screening material.  

Financing can also vary depending on whether it’s 2-4 units or 5+ units so keep that in mind as well.Having a strong team and lender familiar with multifamily deals is crucial.

Since you're investing from a distance, I recommend interviewing multiple agents, lenders, property managers, contractors, and other professionals to build a strong and reliable team.