HUD just increased our Rent on one unit from $850 to $1250 overnight to help with the housing shortage. so I'm installing more.

There is a huge housing shortage in America, so there is a line of people waiting.

. - This property is in Conroe Texas- My plan is to market the rental myself on zillow, hotpads, realtor.com, trulia etc - From what I understand rental demand is high in the area due to housing shortages. - I am planning on establishing an interest list of prospective tenants and then flying and out to Texas to do a weekend long open house as well as inviting people to apply on zillow rental manager as well.

Because CA population was already so high, this increase as a percentage/rate was not that high.Note when it comes to housing and housing shortages, the number of people is a bigger factor than the rate of increase. 

If you think the water shortage will affect anything/anyone buy stock in almond and a avocado farms not based in the western US.

Even if there is a 10-20% increase of inventory hitting the market in the next few months there will still be a shortage of housing inventory.

Overall, CA laws try to promote ADUs to help address the affordable housing shortage but local jurisdictions can make it challenging.

National numbers show a multi million unit shortage annually.

Also, I had bought a ticket for my wife to attend but due to staff shortage lately at the hospital she is working at, she is unable to go.

NET of *all* expenses, management fee, maintenance, future maintenance - I think it's a realistic 3.5% yearly return and it seems like there is not a shortage of tenants, and rents have indeed risen.3.5% is certainly not my goal in life....but I figured this is better than 1.5% that cash earns in low-risk accounts, so why not 3.5% in a low risk house.