Not really common in the 1-4 unit residential space. 

The latest purchase of the 3 family is a little different in that we will be living in one unit and there are two long term tenants already in place.

Hi, Working FT and finished renovations on a 2 unit home.

Trying to convert a basement into a separate unit.

So the unit cannot have any known health and safety issues.For years there have been areas that ignored unpemitted units before sb13.    

I just had a vacancy come up in the middle of a fourplex escrow and the seller had the unit re-rented in under a week for $50/more per month. 6) Yes it's hot, but with individual metering the landlord doesn't foot the electric bill 7) Yes the market is competitive here, but mostly for 3/4 unit properties.

Neighbors activity or their poor unit maintenance affecting your unit or tenants.

With nearly 400 units under management, I've only had to show up in court twice in ten years.

My unit cost 3k/month to rent but you can get cheaper units for much less.

However, in the case of a short term rental, it would depreciate over 39 years depending on if 20% or more of the units in the entire building are considered transient (rented for 30 days or less).