In my analysis of local (Bend, OR) and a couple out of state markets, it is, as suspected, very clear that my local markets rent to price ratio is unfavorable (think $350k house rents for $1600).

They can bend the rules any way they want when it comes to tax collections.

Bend, Oregon-Although Oregon is the first state to impose a statewide rent control mandate, I foresee the city growing even more now           than the norm.

We are new out of State investors in the South Bend, IN area.

We are new out of State investors in the South Bend, IN area.

First, if a seller thinks we will bend backwards to take that ridiculous attitude we will give them the boot faster than she can blink. 

Yeah, CVO is like Bend, prices are way ahead of incomes, but at least CVO has the incomes.IN Portland, there's still demand for housing, but For Sale signs are starting to stack.I'm buying a place in Dundee and the mort guy says 10% of his biz is re-fis and NOT originations, so buying is slowing.On apartments, selling stuff in Portland proper, unless its a steal, is tough, thanks to rent control rules and out-of-control city council.I think I'd take a closer look in Albany, good incomes and growing.  

(The U.S. seems to had been moving computer-tech people, into mid-Oregon state, in the 20210's, until the Wall Street Journal indicated in articles, that hackers in Russia were compromising this move, into the Bend-Rendmond-Prineville, Oregon parts of Oregon.

Through pure luck, our lender was able to bend their guidelines and give us an 80% LTV instead of 70% ”just this once,” which mostly made up for what the appraisal lacked.

I just went under contract for a rental property in South Bend, IN. and am starting the process of finding a contractor in the area to work with and figure out preliminary budgeting.