Plus we also able to negotiate a frigerator (not part of standard package) as well as blinds for all windows. 

. - Manzanita, Arch Cape, Cannon Beach, Pacific City - Already well established as the more prestigious zip code on the Oregon Coast and just a quick drive from Portland this northern coast region offers premium restaurants, experiences and accessibility.

If you're goal is a long term hold, you're almost certainly going to do well even with a market rate deal in any of those states.

I own a home which I’m currently living in and planning on making a long-term rental property as well once I move out.

@Brad KanouseYou've gotten some good info so far from Arthur and Dmitriy and I wanted to add in some other things to think about as well.1.Self-Directed IRA (SDIRA): This is what @Dmitriy Fomichenko mentioned, and he's right, it could be a self-directed IRA or a solo 401k.  

Well-worth $15 used. 

It's crucial that this allocation is reasonable and well-documented to withstand IRS scrutiny.

But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

Are you thinking of investing in Florida as well?