I don't see repairs and cap-ex in your report and that would kill all of your cashflow.The ROI number is prefrence but you have to look at what else you can do like the stock market on average has made 8% which is less work than rentals so if you can't get better than that you could just put it in the stock market.That being said Portland is a hot market, although tapering off, but still hard to find a good deal. 

Ex: check local county/tax records.

did not read it .. but debt instruments in your IRA tend to be a better fit than owning the asset.from a practical standpoint were folks can get in a bind is they don't leave enough reserves in their SIDRA to handle cap ex or tenant trashing of a unit.. and find themselves with not enough money in the SidRA to rectify.Plus the other thing is you wasting your ability to depreciate the asset.. notes don't depreciate.. so there fore notes are generally a better safer fit.. as long as your buying quality notes.. 

If not, I would account for more in regards to cap ex.

Looking like it’s going to be an eviction after getting a ******** excuse from a tenant “their ex stole all of the money out of their bank accounts” lol.

If you cash flow including all expenses, maintenance, cap ex and vacancy after the refi I would take cash out and rent it out and invest it on something else as well.

Don't forget to add vacancy (about 5% of the rent) cap ex(5%) and repairs (5%) into your calculations. 

Also, make sure you are saving for general maintainance, Cap ex, 1 month vacancy/year, property mgmt.

No debt, renting at $900/mo, good credit, etc...worked in Cap-ex (5%), management (10%), 10% vacancy and repairs (5%)....still making $165/month though we will manage this at first so we are looking at a conservative $290/month.  

They typically go for A class condos in neighborhoods they've heard of, so very little maintenance and cap ex, and easy A class tenants.