Additionally, the rules are also very landlord-friendly so you won't have to worry about evictions taking as long as 12 months because they're very quick here.

Why do you think purchase contracts are so long and have such small print?

I don't have a preference for age in terms working with other folks but young can be good from an energy, optimism and having enough time to put in the extra hours when needed (usually a younger person is not going to have a spouse, 2-3 kids and a bunch of other responsibilities).

My non-laywer advice is to get that thing refinanced and read the mortgage docs before you close and abide by the terms of the contract.

I am wanting to start investing in STR acquiring or developing the real estate. I think Bend is a top place for STR as there is multi-seasonal demand and is a city with a lot of growth. Problem here is, apart from the...

I don't know 100% if this is the smartest decision or best decision long term, but that is why I am here trying to learn and understand. 

Two years are too long, they will put it off for the next 18 months and it's also hard to gauge what the market will be like.1.)

Do I hang tight and pay out of savings, hoping it's worth it in the long run? 

It can also be a. sign of economic growth.As long as there's no clear negative factor, it probably won't change much or could even be positive.

We're also able to evaluate our rates, and keep pace with inflation, on a monthly and quarterly basis because of shorter term leases.Now we syndicate larger self-storage deals and work with passive investors.