If your question is specific to the Mt. Tabor neighborhood, it is certainly a better choice than many neighborhoods in Portland because of the property values in the area maintaining better than most, and a somewhat lower crime rate. Regarding rent-to-own risks, we highly recommend you consult with an attorney knowledgeable in the subtle nuances of this area of law rather than rely on advice from any well-meaning real estate brokers because recent case law negatively impacts this kind of transaction and most brokers may not be aware of the changes. As a buyer, you would also do well to discuss what your rent/lease-credit standing might be at the end of the lease period with a mortgage broker well-versed in these types of transactions. What is commonly known as rent-to-own, lease, and lease-options are often incorporated into our method of helping first-time home buyers and buyers who have lost their homes to foreclosure discover a viable path to home ownership - but our agreements are unique to each situation and carefully crafted by real estate attorneys to avoid the pitfalls many unknowing buyers and sellers typically stumble into. One common pitfall for sellers using boilerplate agreements is that recent court decisions have determined that many lease-option and rent-to-own agreements constitute defacto sales agreements. Because of these findings, landlords are being legally forced to use the expensive and time-consuming judicial foreclosure process to evict a tenant-buyer instead of the simpler and much less expensive eviction process. This is detrimental to the landlord recovering their property because it can take up to a year to re-gain possession in many states; and, also detrimental to the renter-buyer as it appears on their credit record as a foreclosure, almost certainly quashing any future hopes of qualifying for conventional financing for many years to come. If you are the buyer in the transaction, and your seller-landlord defaults on their loan, you could end up losing everything you have paid into the deal. Buyers/Sellers beware - especially when entering into any lease-to-own scenario. Structured properly, they can be a viable solution for both buyers and sellers. Structured incorrectly, they can be a nightmare.