like i said before if one is buying turnkey and then sell after 4-5 years the capex would not hit you, or just buy with substantial discount.

They have no idea or understanding of compound interest, amortization, ROI, APR, or discount note purchases.  

At least I got a discount on the service call as the HVAC guy had a pretty good laugh.

This includes the discount at purchase, the value added, and market appreciation.   

They may come up but understand that rental rates are generally well below market (hence the discount) and these deals are largely off-market if you're able to find them.

My verdict: it could be a winning play given your equity and potential upside, but carefully weigh the pros and cons.Crunch the numbers: Factor in all expenses, potential vacancy rates, management costs, and ensure the cash flow covers your mortgage and leaves you with enough buffer.Consider alternative Bay Area locations: Maybe there are suburbs with less pressure on prices but still good rental potential and appreciation prospects.Don't rule out the single-family option: If the numbers work and you value the lifestyle, don't discount it entirely.

Possibly find something that needs some repair work at a discounted price.  

If you make sufficiently large orders they will give you discounted pricing like a contractor saving you 10-20%. 4.

Feel free to contact me for my friends and family discount code. 2.

I am wondering are people competing against your rental with for sale units, meaning you might have to price cut the per month rather than give just a two month discount.