As it is, the current rent control laws sprinkled across CA create unnecessary challenges for new landlords.

Challenges?

In Las Vegas, the only segment with housing requirements that match a one-bedroom condo's characteristics are individuals and couples without children.

Not to say this is bad, but depending on where a company is in their lifecycle, there are groups that can raise $10+mm and have never gone full cycle in a deal, thereby making it challenging to have $1mm of liquid capital available.Timing of closing: again, many larger check investors have multiple sign-offs.  

Challenges?

That barrier to entry is very challenging and if $8000 is enough incentive to get ones butt going, it is worth it. 

Waiting for rates to drop before refinancing mitigates the risk of locking in a high-cost loan and significantly reduces the pressure on cash flow​.Upcoming Opportunities: Many investors who bought aggressively during the 2020-2022 period, especially those with five-year fixed-rate loans, may face challenges when their rates become variable around 2026-2027.

There is some nuance to the situation if you add your children as employees vs 1099. 

The biggest challenge is all realtor appraiser are an in the moment snapshot. 

I'm going to keep this method in mind when my children are ready to leave the nest.