Great question. I disagree with one of the other answers - I think Oregon's landlord tenant laws are neutral. They work well for a landlord who wants good tenants and takes care of their property. To your question - the road to wealth is paved with passive income. Owning a rental is passive income. I'd buy a duplex, live in half for a year or two, then buy a SFH to live in and rent out the rest of the duplex. This would be a great start to owning several rental properties.
In property management we talk about management units versus living units. Any time you can get a single management unit with multiple living units you are leveraging your time and management dollars into a better return on your money. A duplex - or better yet, a 4-plex achieves that.
Principal Broker, President
The Fugate Group, Inc.
Keller Williams Realty SW Portland