I'm looking at purchasing a multifamily property in Portland, Oregon via a FHA Mortgage.Portland (and Oregon) has adopted legislation stating that (as I understand it) a current tenant must be given 90 days notice for an owner occupant to reside in a unit.

With more legislation being prepped for the next session we will undoubtedly see even fewer independent housing providers (more demand, fewer options, higher rents). 

It's interesting to see how rent control legislation differs by jurisdiction across the county.

Because of Dodd-Frank legislation and what a Qualified Mortgage (QM) is.Dodd-Frank will also apply to you is you offer seller financing to a buyer planning to live in the property.So, you may want to look up Dood-Frank and discuss with a competent attorney before preceding.Another possibility is a Lease with Option to Buy.

Many location specific business risks are the result of legislation.

Information on here will come from landlords in many different states all having different legislation. 

No.This is not about helping people, this legislation destroys suburbia.

What does the legislation indicate in your jurisdiction?  

The long term appreciation has been wonderful, an equity rather then cash flow market.I echo the recommendation of getting to know local ordinances for STRs and keeping an eye on proposed legislation. 

I'm actually trying to come out of hibernation - have a couple outstanding offers on some short sales in Reno for the first time since before the meltdown, and what really struck me is how similar the effects of AB284 are to the rent control ordinances in my home town of San Francisco.In both cases the legislation's goal is the protection of those who are more vulnerable, but with some significant unintended consequences.