However, there are multiple preventative measures that can be implemented to reduce the risk of being selected for an audit.

The long term impact includes the following:-Less compassionate landlords who are willing to be flexible with late payments, evictions, or delayed move outs-Less supply of rental property due to single family rentals being liquidated and sold to buyer/owner occupiers -More competition from bigger REIT's (real estate investment trusts) and real estate holding corporations who can weather limited returns-Less incentive for real estate developers to rehab and hold properties long term in the local area-Less flexibility to keep rents affordable without falling behind and keeping up with market rents to appraise at exit -Less business in the investment property sector due to lack of supply, including realtor commissions, title and escrow fees, handymen and contractors, property inspection fees, appraiser fees, mortgage lender commissions, and bank refinancing profits -More headaches for property management companies having to navigate complex and controversial client demands on their property -Less qualified tenants using the first-come, first-serve basis for applications Now BEFORE EVERYONE thinks these laws are just horrible to invest here, I want to conclude with some of the major PROs of these laws:-Less competition from entry-level investors, meaning more deals will be had by liquid and well financed investors looking to scale with the roadblocks in mind-Higher valuation of rental property over the long term due to supply and demand constraints -More stability in the quality of management and landlord professionalism -More 1031 exchanges from older investors looking to move assets around more frequently to dump low performing properties -More incentive for real estate developers to only build large unit multifamily that will not have regulations for 15 years (from certificate of occupancy)-More expectation from tenant that they will receive an increase each and every year (more implementation, means more frequency to experience)As always there are two sides of the argument, but I firmly say that I can still be profitable and make millions of dollars here in Oregon, but with a little more caution and strategy.

I am seasoned in my market entering the STR field, and I would love to consume what not to do as I implement. 

I've decided to take the full dive into developing by taking on the financial aspect of investing while also continuing the design/construction phase I am familiar with.My current goal is purchase a fixer house with investors and implement my own designs for the eventual flip. 

Thanks for sharing.Like all the other posts, we (as newbies) can pick and choose what info/advice we want to implement.

Pick a strategy and implement it period.

This could also put more pressure inMinneapolis investments until things are more clear on what/if/how rent controlwill be implemented there.Interesting timesfor sure.

Article covers everything I stated except the inability for contributions with a loan out - and I can see my comment about that looks like a blanket comment - but it depends on the rules of the individual 401k plan if they implement that provision or not.....

Early in my career there, they implemented "Quality Management" processes company wide, based on Phillip Crosby's system.

If house hacking is something that you can not pursue at this time, then we can discuss other investment strategies and what some of my clients are implementing in the market.