Any brave CA apartment investors after July 2019 rent CAP passed

[Rachel Zhang]

Oakland , Berkeley and San Francisco  are notorious for their strict rent control. The hope lived in the past to invest in surrounding areas with relaxed control. Now with all the rules restricted on owners state-wide, I am wondering whether investors are still investing? Why? Buy-and -hold is the only strategy to wait out the low rent tenants? of course the buyout as well. As a new owner, I can not add banked rent raise from the previous landlord? Or it varies by cities.  Thank you.