I suspect that is due the psychological aspect in the appearance of it being cheaper in rent, because it's all in the same  area/complex. 

While the homelessness crisis is a complex problem, it's not unique to California and is being addressed through various initiatives.In summary: While California has its problems, it's not a simple case of "everything else sucks."

Here’s MY general feeling; if a MHP isn’t TOH, or I can’t easily switch from POH to TOH, then I might as well purchase an apartment complex and have less problems.

The more experienced investors with more capital are buying apartment complexes and doing syndications (one asked me if I wanted to participate...I passed) in San Antonio or doing commercial RE. 

In 2022, we also bought a gutted 56-unit apartment complex and fully renovated it in 14 months (over $2.25mm in construction)!

Networking with other investors can provide valuable insights and support, helping you to navigate the often complex landscape of real estate investment.Remember to factor in potential risks and have a contingency plan in place.

Additionally, we have paused the approval process for the 72-unit rental building due to the current uncertainties and complexities involved.Our original plan has been disrupted, but we believe in the potential of Corktown—a rapidly developing area with immense promise.

.- I live in Raleigh, 10-50 unit complexes will be hard to come by unless you're okay paying a premium.

Or maybe you finally want to purchase a multi-family complex / self-storage facility / car wash, etc.

I’m weighing two options for our housing situation and would greatly appreciate your advice, given the complexities involved.1.Renovate and Buy Another Property•Invest to renovate our current home adding a bedroom to the house given our family outgrew the house.