But the other thing that concerns me is you and your girlfriend have $45k saved.

I'm concerned about jumping in late, buying an expensive house with all of the learning curve that comes with and realizing I could've made more money buying another 4plex or two...

Hello BP Members,We are most concerned with the Portland laws favoring tenant rights rather than the landlord?

Feel free to contact me with any questions and concerns. 

Also, if you do have a good preforeclosure lead, the last thing they want to admit is that they are in danger of being foreclosed on because it's usually new and it's embarrassing.

This deal was on the MLS and we were able to negotiate a lower price initially due to the dangerous electrical conditions.

This deal was on the MLS and we were able to negotiate a lower price initially due to the dangerous electrical conditions.

My main concern is the current cost of supplies and labor shortages.

Any pro tips on partnering with friend, what expectations/rules should I set in place from the start, any negotiation leverage given I might have more responsibilities and any concerns on partnering with someone who doesn't hold citizenship or greencard in US?

I am just concerned about  trying to make the 1031 timeline work for an asset type I haven't worked  with before.