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Updated over 7 years ago,
Rent control - crushing it
Salutations,
I'm curious if anyone is crushing it in a rent control market with MFU (duplex, triplex, quadplex, etc). Rent caps and just cause ordinances make it intimidating to enter markets where these restrictions make it challenging to be a landlord. The SF and San Jose markets are great examples of this. In fact, there is a great concern with the California Assembly looking to make SFUs subject to rent control too. This will be reviewed within the next two years.
Is it worthwhile to even consider a MFU in a rent control market, or potentially state?
Karen