4 Plex in Portland, OR or Not??

[Peter Slivkoff]

Dear BP, 

I'm currently gathering the financing to buy my first 4 unit rental property in the Portland, OR area, however I've heard some things that are giving me pause.. What I've heard is that there are good States to invest and become a Landlord and bad States - Grant Cardone for example speaks about this often.

Are there new laws in Oregon that favor tenants over Landlords and limit how much I can raise rents - 10% limit or something?  If so, would it be more wise to invest in say another location?  

Are there any 4 plex [or other multi unit] owners who are getting around these laws to their advantage and profit?

I plan on living in one unit for 12 months + 1 day, fixing up any units that are or become vacant, using an FHA loan (PP + rehab) and eventually raising the rents on all units.

Any sage advice and wisdom from 4 plex owners [and the like] would be extremely comforting & appreciated!

Sincerely, 

Peter