Hi Karen, I live in Portland and yes, I have been hearing rumors of possible rent controls as well.  

The Fed is rumored to raise interest rates in June of this year.

There are many opinions, rumors and recommendations but if you want to get straight to the right answer find an Attorney.

Here's what I was told when I asked if rumors of a sinkhole were true:"The home was demolished at Township expense due to a subsidence issue.

I just am trying to get a decent picture of what's going on and it's easy for people to just say things based on rumor or whatever, but it's nice to have a reference.

but I'm still wondering, is the book rumor true? 

I've heard rumors of $500k starting?

An attorney I personally know was involved in a real estate transaction and he just went too far, he  was in his 50's and he'll be in federal prison for the rest of his life, in fact I heard rumor that he didn't survive.We have two other national profile attorneys giving classes on "systems" mostly very good, but neither one are totally correct in the financial arena. 

Look at the police records for the property as well as the local newspaper to see if there is any talk or rumors of local employers closing shop.

http://r2resi.com/I've got more deals than cash at the moment and rumor has it these guys are looking to fund SFR projects in the Atlanta, GA area.