RE exposure will be there, just not this large allocation that BP thinks. yea and they are not stupid either because they know each local RE has more dependencies to supply-demand dynamics rather than interest rate alone.this is why even for hedge fund, they only purchase in certain area in bay area only like in cupertino or sunnyvale where it's good school district and next to Apple.

Of course, with the supply of high end apartments, their rents would likely come down, too. 

As far as supply and demand, once many of the rentals shut down (if the county actually enforces the bill) then yes there would be more demand for all STRs.

Jabneel - note sure on the statistics, but demand for housing voucher tenants outstrips supply of voucher accepting landlords.

The best tip I can give you ask a flipper or a new construction home builder if you can shadow an entire project, maybe run errands for them and deliver supplies to the job.Get on the job every day, best way to learn the process, every municipality is a little different, my experince is from Milwaukee, I would have to learn a lot, even if it were close by like Chicago.

Once the closing takes place, the seller has zero incentive to cooperate with supplying them.

We have gone through the checklist that is supplied by the county and have served the first few notices. 

In addition coffee being a commodity varies so extensively on supply and demand, which is also impacted by the aforementioned characteristics i described earlier. 

Make plans for supplying anything else you'll need for day-to-day living. 

Is anyone using a good inventory management system to track supplies in your STR?