He's a danger to BP and your business alike.

You're absolutely right: equity can create a dangerous sense of security, but it doesn’t solve cash flow problems, especially when expenses are rising across the board.I’m seeing the exact same thing—homeowners sitting on six figures of equity but hesitant to tap into it because they’re wary of today’s lending terms.

It's a wildly volatile time in the market, in exceptionally dangerous ways for the novice.

.: @Peter Woernerthe other issue is that investors are coming in now based on BP advice circa 2016 =(I think Becca is investor since GFC era if I am not wrong …but you are right , all BP default message has been outdated and foolishly may actually create danger situation for new investor. 

In that vein, my general preference is to keep these as hands off as possible - whenever possible be or find a lender rather than an equity partner to avoid the deadlocks, disputes, and danger that comes with equity splits.  

Are there people in Portland who are thinking of listing their multis after the recent rent limitations / tax explosion, or maybe hoping to exchange a downtown multi for a calmer off penninsula multi?

You need to work inside the lending and servicing department at a bank to learn and know what really goes on and triggers the situation, and dangers you are proposing. 

# 1 reason is wildfire danger. 

I forgot who said it, but some famous said...it is dangerous to be right, when the established authorities are wrong. 

He got short term debt and bought at too low of a cap rate and the market shifted; I wasn't too savvy enough at the time to realize the danger.