Portland OR temps range from 20 to 100 degree fahrenheit.Most furnace people aren't that hot on them but replacing a new gas furnace AND a new air conditioner is huge (14K) when a ductless can run cheaper purchase wise (4k) and efficiency wise.

A wise investor will not try to get rich quick with shortcuts.

@Bob Okenwa   Wise words. 

The actual unit mix is less critical IF the market is absorbing the available units and making it a wise investment. 

brokers and lenders cant stay in business on 1 point and no fees.. other wise they are getting paid on the back end in service release premiums that are build into your rate.. no way to run a lending business if you only bring in 1 points.. mean on a 100k loan that's 1k.. that no cut it..  

What are you looking at equity wise in the property?

If you are wise about your investments, real estate is hard to beat when it comes to long term returns and stability.

A lot more doors open up financing wise when you are owner occupying.

@Devon CornwallYou will need to find an attorney who practices corporate/securities law.Aside from the normal securities and instruments, a registered account (RSPs, RIFS, TFSAs, etc) can hold a note associated with an arms-length mortgage, though there are only a handful of trustees in the country who will still administer arms-length mortgages  {This is not to be confused with a non arms-length mortgage on your primary residence which  is also permitted ... but seldom a wise thing to do}.

Thanks James Wise.