I'm pretty set on where I live, been here 12 years and tired of paying rent.. but purchasing even a condo is 600k+ and multi-family in north brooklyn is easily 1mil.

Since becoming an investor agent have expanded that into the agent content areas.  

We see so many different entity structures for rental portfolios in our REI Bookkeeping Firm.Ensure it's simple enough for you to easily abide by the structure in your day-to-day operations (which your question is getting at).We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

Replacing a sewer lateral is easily a $7500 repair; it's probably closer to $10k, and personally I would have prioritized it over t+p. 

I have one rental property and looking to expand.

Jensen & Co have a solid reputation for working with investors like us.Don't foget to update any necessary disclosures and think about getting landlord insurance if that's not already on your radar.By the way, if you're ever curious about expanding your investments beyond Oregon, I've been helping investors tap into markets like Phoenix and Austin; some exciting opportunities out there.

Easily doable.

I am considering this because it is seller finance, low out of pocket and it would get me in a market that is expanding rapidly.

Just to expand on his point about a glut of new housing- we are certainly feeling it when it comes to leasing and renewals throughout 90% of the city. 

Make sure to check with zoning laws if you're planning on expanding.