On the other hand, from what I can tell, the regulations are looser in San Jose than other areas of Bay, so it seems like a good place to try it.

These are the details about our house.Purchase price: $855,000Current approx value: 1,100,000Current monthly mortgage payment: $3100 /monthProperty taxes ~ $11,500 /yrRents in the area for a similar house: $3200 - $3400Given the numbers, I understand that this would not qualify as a good rental property but given the crazy real estate market in the bay area we are worried we would not be able to purchase again should the market appreciate at the rate it has been in the past if we sell this house now and live in an apartment for a few years.

Hey All,Here's the breakdown:-I've been wanting to invest in multifamilies for 5+ years-I didn't think I had enough money until this year-I'm ready to invest, but people are telling me the Bay Area is at the top of the market and the only stuff on sale right now is what people want to get rid of before the next recession.

I am surprised but people in SF Bay Area are still buying properties over $2M as if they don’t care about $30-$35K of property insurance plus the interest on the debt over $750K.

I am in Northern California (South Bay area) and looking at buy/hold investments for passive income (and moving towards financial freedom). 

I think Bay City has some great flipping potentials, along with some great buy-and-hold opportunities, as there does not seem a large inventory of rentals, and the couple of rentals that I have there get taken so quickly!

The property is in the east bay Bay Area.

in some areas home prices peaked in the 80s and 90s  think Rochester NY for example or Buffalo.. in some areas real estate seems to make new highs then 10 years later it makes new highs again  think SF bay area , at the end of the day building materials are up land prices even being zero  it cost more to build a home than you can buy an existing one in a huge swath of America so until that changes.. who knows.then in the areas that are slowing but surely turning into rental dominated markets  ( we know which ones those are ) those values will really only move if rents move or investor accept a much smaller return that what they want today which is basically 6 to 10% COC with 20 to 30% down.. 

Once they get 1% of landlords revenue I could see it going up to 2% ,3% in the next years .On the related note San Francisco is also proposing an additional tax on businesses for the homeless . https://www.cnbc.com/2018/07/17/san-francisco-to-consider-tax-on-companies-to-help-homeless.html——OAKLAND — As the Bay Area struggles with an alarming homelessness crisis, voters may soon decide whether to force Oakland’s biggest landlords to pay up to help house the city’s most vulnerable residents.Oakland Councilwoman Rebecca Kaplan wants to impose an extra 1 percent annual tax on rental revenue that exceeds $200,000, and use that money to fund homeless shelters, help homeless residents secure permanent housing and clean up the sprawling encampments that line many of the city’s sidewalks.The city needs more money to tackle the problem, and collecting it from Oakland’s biggest-earning landlords makes sense, Kaplan said.

I live in the California Bay Area now, but I lived in St.