I also implemented some 3 bedroom 2 bath on this lot that will rent for $1,650.

Sideyard for RV which turns out is ideal for side by side ADU CA ADU Laws implemented in 2018How did you find this deal and how did you negotiate it?

ie New roof to prevent water damage.  

I plan on buying a new primary residence , around 600k, does it make sense to put 20% down to prevent PMI?

I know I can’t implement all of the ideas, but rather, I listen for motivation and to keep going.

Having owned rental condos, I’d recommend skipping if there are any rental restrictions like a percentage allowed or requiring approval from the board because that is a big risk that can prevent you from renting the unit out based on your schedule.

Do some research into building your own strong lease so you can implement a tight ship and bring the rent up to market if it's not already. 

The adoption of the Residential Infill Project must now be acknowledged by the State and implementation is expected in 2021.https://www.portland.gov/bps/rip/news/2020/8/12/portland-city-council-adopts-residential-infill-projectObviously this is a big deal.

I've thought about starting to implement everything I've read and heard step by step...BUT for us it is not a time to think about rentals it is time to relocate.Now, We need to relocate from the south-east part of the US to the north-east.For this moment our primary residence has 25% of equity on it.

I'm buying this building for the potential of what it can do in the future after I Implement my business plan and by maximizing the NOI  thereby increasing the value of this asset and then going back to the bank to refinance to harvest out the equity that I put into it.