Consider the diverse financing options available, including 30-year mortgages, fixs & flips, cash-outs refinance, ground-up constructions, And commercial properties?.

The 10 doors are also not appreciating because they were turnkey and the 1 door is in a vacation area and appreciating.You should be hunting assets because strong assets give you multiple options.

It may be the best option but there are quite a few other strategies as well that could help lower your tax burden when you move on from this current property.

If you don't have access to the MLS, I've found that Prop Wire is very good for running comps since it has option filters that will make your search easier and faster.

The market will pay a certain amount for a unit (and their water), whether that is lower with the water added on or higher with water included.

In the future, a) get a super detailed Scope Of Work and ironclad Contract. b) Do not pay more money as a progress payment than the amount of work that has been performed, that way you are never ahead of the Contr or vice versa.Your options (depending on how much he owes you) are Small Claims Court, the State Registrar of Contrs, and possibly the local DAs office or State AG if the amount is higher ($50k ish)Good luck, let us know what happens.

BTW FurnishFinder comps I've found tend to be on the lower price point (and less desirable décor usually).

A long term rental in the area would rent for about $1,800 a month, so as a backup that wouldn't be a great option.

:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you’re still weighing your options between Salem and Portland, I’d recommend Salem for its easier entry points and cash flow potential, particularly for a BRRRR newbie.