A lot of times, these types of lifestyle choices will start limiting you down very quickly to specific areas, and since you are going to be living in the property, are likely to have a heavy weight on the neighborhoods.  

While these types of properties can offer investors a great opportunity to make a profit, it's important to carefully evaluate them before making an offer.

What made you interested in investing in this type of deal?

The only down side of the area is that all types of properties are more expensive.

None of these ideas are ideal to me but that's all I can think of here.

So for you it might mean opening a different type of credit card if you find the box stores are messing around with you because a limit like I’ve got won’t get you very far with a whole house renovation.

Most Coast agents are semi-retired/don't need the money type agents who will sell you what's on the MLS only, and there are no deals on the MLS.That being said, if you are interested in the long game on the Oregon Coast, the equity appreciation is hard to be.

Now I may have misheard, but I believe the advice was to cash out 1.5MM retirement fund (type unkown) and invest it in two short term rentals. 

I am a loan officer and I think the biggest thing is you should be around 6.375-6.5% for that type of purchase.

Always great to hear from a fellow Texan.Now, I might say that buying a property in the $400k+ price range really won't be that ideal of a rental later.