<$500k - Yes, pm me if you want a contact for a 'no-pressure' realtor who will send you a daily update. I have him scanning a few counties for me. I would also find a friendly banker / loan guy that could lead you to some 'pre-foreclosures' or distressed sales, or even 'pre-listing' sales. I would get real busy looking as stuff is gonna flood the market soon (spring). I get my best deals between Jan and March, as folks need to sell for tax season, or to get a jump on the spring rush. We had friends who recently bought a Hockinson home from a elderly couple on 1 acre with 24x36 shop for under $300k. It needed some updates, but is EZ commute and a nice place (gardens, shrubs, mature landscape, circle drive).
The prop values will hold in Hockinson in spite of the commute due to desirable schools.
I would try to stay on the Brush Prairie (west) or southern side of district to ease commute and improve resale potential. I don't care for the narrow / hilly roads up there.
Coming from TN I think you might be more at home in Hockinson (especially if we get a cold and windy winter, which this has not been), and typically it is more conservative, tho Camas is not too liberal. Be prepared to meet some FAR lefty's out here, but WA is much mellower than OR, we seem to tolerate / respect views. OR is a bit more forceful that you ACCEPT / embrace them. (west side +
'the new' Bend / Sisters). BTW, if you want a classy dose of conservative, plan a trip to Lynden, WA (Very north, beyond Bellingham) I've had SWWA friends move there just to get their kids through the schools. It is a fun Dutch town but totally closes down on Sundays. Plan your trip, enjoy a festival or combine it with Mt Vernon Tulip fest / or Bellingham events, and include a trip to Vancouver BC (bring your passports !) All of that is quite fun. We stay in guest homes and get to meet nice folks, and sometimes help with the farm chores.
(for closer tulip fields check out "Woodburn, OR" (1 hr south) or even Woodland, WA (near Lilac Gardens) Time is close so don't miss it, it is really spectacular to see huge fields of tulips. Then, prepare soon for the Rhodie Gardens in Portland. One week before Mother's day is usually good, but maybe later this "chilly year".
Portland Parks & Recreation :: Crystal Springs Rhododendron Garden
Go during a warm weekday evening, the kids will love it too. (Free Tues & Wed). We often cap the evening with a cheap waterfront meal at "The ole Spagetti Factory" on Macadam (John's Landing, take Sellwood bridge from Rhodie Garden, turn right at Blue Roof (Spaghetti Fact) / before OHSU tram)
Asian kids should not be hassled in SWWA, as we have a pretty broad cross-section and appreciate the diversity. Ridgefield and Woodland used to have some ethnic bias, but I imagine that has changed. We have some excellent community contributors of Asian descent. There were local 'fruit and veggie' farmers who were sent to internment camps and later came back, and many more in other skilled trades and professional jobs who have been quite beneficial and accepted into the community.
Good luck
janb