Real estate people will lose their license by advising about crime, race, etc etc in any particular area. There are some great websites devoted to Portland crime stats but right now I cant remember them--Im sure someone will chime in. There is NOTHING ridiculous about your question, its VERY valid and shows that you need advice and careful planning before committing to any plan.
Oregon Realty Co.
In my experience your not out of the running yet! Good luck. If you have any other questions concerning the financing feel free to email me!
Mortgage Loan Consultant
Pinnacle Mortgage Bankers
Equal Housing Lender