Given that the reports on Cozy cost approximately 30% more than alternatives (including the recent price increase), the fact that tenants can't reuse them really hinders the value proposition

If the seller bails on the contract all you could really do is to sue for specific performance, which would likely be a losing proposition in most cases.

As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control. 

If your exit strategy is to rent to a random family for $1700-$2000 a month, then that is a negative cash flow proposition when you PCS and need a property manger. 

In any business there is a value proposition that creates a transaction to actually take place.

A brick building that isn't pointed is an extremely expensive proposition and it can lead to water seeping through the walls and creating calcium deposits.

A good comparison to KC around Bay Area is Stockton, the current 2022 price is $450k from $120k in 2013; hypothetically you could still get cash flow and appreciation in NorCal if you invest at the same time.Brentwood doesn't see the crazy appreciation as other places because it's main value proposition is being affordable...Walnut Creek, Pleasant Hill, Concord, and parts of Martinez would be more likely to hold their value as they're more desirable then Brentwood... especially with people moving from the South bay.Here is a random example from Brentwood 922 Oxford Ln Brentwood, CA 94513Sold for 225k in 2010401 in 2017 (+~90%) And was listed for 650 July of this year, still not sold and reduced down to 625 (+~30%)...

Easy value proposition that will get your foot in the door.

You need a value proposition that differentiates you from other property managers.

I told him to think about a short sale instead as this is a losing proposition for him.