No.

Funny enough, I was going to suggest you move out of SF due to the high cost ;-) I'd suggest going down the SF condo route to start as financing for commercial units is a lot more difficult than residential properties.

Renting to Section 8 Long-Term TenantPurchase Price = $250,000Renovation Cost =$3,800Appraised Value = $270,000Monthly Rental To Section 8 Tenant = $2,800Monthly Mortgage Payment = $2,100Monthly Reserve for Maintenance and CapEx = $200Monthly Cash-flow = $500Another investment property was closed and added to my rental portfolio.

Instead of facing neighborhood opposition, builders now notify Native American tribes, How SB-423 Speeds Up Development // No More Neighborhood Delays · Developers avoid local opposition and political roadblocks. // Tribal Notification Process · Builders must notify Native American tribes instead of local communities. · Tribal reviews take up to 6 months, but the process stays more predictable. // Faster, Smoother Approvals · Fewer objections increase approval rates and reduce red tape. · Faster timelines bring more housing to the market without local interference.

I currently rent and am very frugal , no debt, drive a used car, have a roth ira etc  I have an opportunity to get a 1980 4 bed 4 bath ranch duplex ,full basement , one car garage per side,, new roof, original mechanicals duplex from a family member off market in a solid B to B+ area/country setting 1.5 miles outside of east side of city of 150k people.

It's free nationwide data and no subscriptions either.

Long time no deals!

Short term rentals do get more money, but also cost more to run and require more time.  

You are only adding complications and costs with the LLC with no upside  This is all assuming there’s been almost zero appreciation and you shouldn’t sell tax free while you have the chance. 

Effectively no, otherwise everyone would do it and there would be no rent controlled buildings.If the property becomes vacant there are scenarios you can remove it from rent control.