Prospective Oregon Coast STR investors are encouraged to be fully prepared for rapid execution and to expand their search to areas that might not be of initial consideration as licensable inventory is increasingly limited. 

The goal is to renovate and rent it out for $1100 or more a month.  

This has lead to increased competition for deals, naturally for higher prices.

On the notice, it MIGHT be legit to just call the money owed "rent".

We bought a 3bed 1 bath for 125k with a rent of 1,100.

We’re planning to rent our home when we move—but we know we will be moving out of state. 

. $40,000 including closing cost) under my wife and my name since we will be living in 1 unit and rent the other unit out.

The build-to-rent trend has been on the rise, thanks to Hedge Funds and Wall Street getting heavily involved in the industry.

Cons: Some areas have been experiencing rapid price increases, so careful market research is needed.

These updates modernized the property, improved its curb appeal, and significantly increased its market value.