And for the privilege of taking over the management of this illegal flophouse, the owner wants you to pay $100,000 over market value.

That way you maintain Attorney Client Privilege without getting to much info about yourself publicly

If anything tenants should be giving their landlords a gift for having allowed them the privilege of living in the property.

John Greer:  I have no idea how many are prosecuted but the way the county was sounding, pretty sure they would revoke my investor privileges if I broke rules....The idea to have a friend make the offer makes sense. 

From what I've been privileged to witness and be a part of on this platform thus far I'm seeing a lot of you folks doing just that.

I never imagined someone feeling so entitled that they find it their right to dictate who gets the privilege to live next to them, but you learn something new everyday. 

(Effective September 30, 2018.)(1) A landlord may not, based on the source of income of an otherwise eligible prospective tenant or current tenant:(a) Refuse to lease or rent any real property to a prospective tenant or current tenant, unless the: (i) Prospective tenant's or current tenant's source of income is conditioned on the real property passing inspection; (ii) written estimate of the cost of improvements necessary to pass inspection is more than one thousand five hundred dollars; and (iii) landlord has not received moneys from the landlord mitigation program account to make the improvements;(b) Expel a prospective tenant or current tenant from any real property;(c) Make any distinction, discrimination, or restriction against a prospective tenant or current tenant in the price, terms, conditions, fees, or privileges relating to the rental, lease, or occupancy of real property or in the furnishing of any facilities or services in connection with the rental, lease, or occupancy of real property;(d) Attempt to discourage the rental or lease of any real property to a prospective tenant or current tenant;(e) Assist, induce, incite, or coerce another person to commit an act or engage in a practice that violates this section;(f) Coerce, intimidate, threaten, or interfere with any person in the exercise or enjoyment of, or on account of the person having exercised or enjoyed or having aided or encouraged any other person in the exercise or enjoyment of, any right granted or protected under this section;(g) Represent to a person that a dwelling unit is not available for inspection or rental when the dwelling unit in fact is available for inspection or rental; or(h) Otherwise make unavailable or deny a dwelling unit to a prospective tenant or current tenant that, but for his or her source of income, would be eligible to rent real property.(2) A landlord may not publish, circulate, issue, or display, or cause to be published, circulated, issued, or displayed, any communication, notice, advertisement, or sign of any kind relating to the rental or lease of real property that indicates a preference, limitation, or requirement based on any source of income.(3) If a landlord requires that a prospective tenant or current tenant have a certain threshold level of income, any source of income in the form of a rent voucher or subsidy must be subtracted from the total of the monthly rent prior to calculating if the income criteria have been met.(4) A person in violation of this section shall be held liable in a civil action up to four and one-half times the monthly rent of the real property at issue, as well as court costs and reasonable attorneys' fees.(5) As used in this section, "source of income" includes benefits or subsidy programs including housing assistance, public assistance, emergency rental assistance, veterans benefits, social security, supplemental security income or other retirement programs, and other programs administered by any federal, state, local, or nonprofit entity.

His secretary insisted there would be all kinds of roadblocks to doing that in a timely manner, and I didn't proceed, but expedited access to that kind of loan was yet another reason we had put the money with him instead of leaving it where it was.During 2018 we lost $4000 of the $36,000 and paid him approximately $400 in management fees for the privilege.

It's another thing entirely to overpay for the privilege of having mom pay you under-market rent.  

I don't know about buying rentals outside SF first while still preserving your first-time buyer privileges for later primary home purchase.I own and rent out a condo in sf.