SF offers almost a complete lack of urban sprawl combined with very liberal city politics (a.k.a. stiff construction regulations) located in the hub of the growing tech industry means a strong investors market, if you can scrape up enough cash for the buy in.

There is very stiff competition, you need lots of cash, and you get little due diligence.

I'll agree with the other MA landlords that pretty much think you should return the deposit no matter what condition the place is in or how much rent she actually stiffs you.You did NOT handle the deposit even close to right so she would probably win and get treble damages from you.First issue is that you must have a separate account for each deposit.  

I'm still seeing some foreclosures that are good deals, but there is stiff competition for them.

I ask because in that price range the competition is STIFF!

Helps if someone should try to stiff you.Depending on your clientele, you might want to include a page with a description of the condition of the apartment and/or photos, and have them initial and date each item / photo at move in.

Competition is stiff.  

Put up a stiff fight knock fear down.

The competition in all three of these investments/businesses is stiff; as always knowledge, experience and capital are required.

With competition as stiff as it is, this may be your best solution of acquiring more properties.