This is the power behind relational lending and working with local private lenders, not national HML companies.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

"No" is a powerful word.

I found out from googling what a HELOC was so I took one out to get more funds to up my purchase power and jumped into a 3 family.

Just remember when the power goes out, what do you need working the most? 

I too believe there will be some impact somewhere in the economy, if that impact is truly a free market reaction/natural occurrence driven by free competition, or if the change is already determined and the powers at be are simply creating the distraction they need... is yet to be seen. 

The benefit of this approach is that it allows you to get into real estate investing without having to deal with the headaches and expenses of rehabbing a property yourself.Another option you might consider is partnering with an experienced investor who can help guide you through the process and provide support and advice.I live in salem and plan on buying multi-families here because of the research trends and its close to my day job.Heres a quote from my AI Chat GPT report about the salem market"Salem, Oregon is the capital city of the state and is home to a diverse range of industries, including healthcare, government, education, and agriculture.

Driveway, walkway, maybe power wash the exterior? 

I focus on construction technology, CRM (Microsoft Dynamics 365), project efficiencies, and business operations (Microsoft Power Platform, Power BI, Power Automate, Power Apps). 

If the problem persists you can add a “spinner” or perhaps a powered fan to forcibly draw air out that way rather than into your bathroom.