You might see a spike in construction costs once the hurricanes leave and people start to rebuild, you'll probably see it in materials and maybe in labor.

Who knows though...maybe immigration will loosen up, birthrates spike from the boom we're seeing, any number of things could happen to keep values high. 

They will poke a spike through the wood.

I go there few times a year (family) so I have been watching it spike up. 

I suspect that there will be a short to medium term spike in demand for rental housing.  

Which is causing the huge price spikes in most markets.  

We have seen a huge spike in rental demands in Euclid.

For example, we have one loan through a local bank out there that was originally a 4.5% rate that resets every 5 years for 20 years but at no time can the rate rise more than 2% during each 5 year period and would have a ceiling at around 10% (which it could not hit until the last 5 years of the loan) This is a decent product that will protect you from a huge rate spike over a 20 year period.

And that's going to take a ton more due diligence and luck out of state...If your idea is to use drip cash flow for reinvestment, that's probably going to take a lot of time to save up between deals as well...Investing in the Bay Area is not easy by any means, but all it would take is one sharp spike in the market, and you'll be able to cash out a ton more money for any future deals.

If that value is "I found the deal, I've done 10 similar deals, I know how to select and manage the property management, I'll deal with overseeing the manager and all day-to-day issues the manager has, and send you monthly and annual accounting", then I might be OK with a 10%ish slice of equity to you, assuming you were not collecting managment fees.As the percentage you want goes up, I want to see the value go up.Where you might get a high percentage is if you say "I have solid info something is going to happen in this area that is going to create a big spike in demand.