U dont.. or you find low balance first trust deeds to buy in the secondary market. or you find a good Broker in CA that does fractional loans and you can participate in first trust deeds that way..

I generally estimate opexp between 30%-35% of Effective Gross Rent (Gross rent minus vacancy cost) as I usually work with bank lenders for my clients and that's what they tell me they use for their U/W.

U my friend I will be 97% that this is a fake lender and will do the pump and dump advanced fee scheme that is so prevalent in the US Sand has been for decades frankly  my Dad warned me of these companies in the late 70s..

What would u do?

U can add Oregon to the list of licenses required. :)

@Laura Serrato did u ending going the sober living route

U can still do a mortgage and judicial foreclosure on the west coast and those happened during the robo signing foreclosures..

People come for biking, boating, fishing, U of A games and with 3 Fortune 500 companies there's plenty of weekday traffic too.

U know what we need is some site that lets you make offers on STR  stays..

ONe needs the license ( but no test required) U do need Insurance that you provide to the state and you need a BOND..