I did not see a forecast for rising rates in Q4?

As someone who did something very similar to this for the last 2 years - rented out my 2nd private bedroom and bathroom in my apartment (rental) furnished to traveling professionals and medical students - I think it's a great idea! 

But 1) you're likely grandfathered in if they ever do, and 2) there are no talks or indications of changing directions on their stance. 3) long term rentals don't cashflow here, but our appreciation is super high.

If you believe your property’s assessed value is too high, you have the right to challenge it.

Quote from @Sufyan Ahmed: I have never purchased a house before as I like living in my 2 bedroom rental apartments. 

These properties are VERY far apart, and it will be difficult to find one buyer for all of them unless you are taking a big discount.

Know this: the #1 reason why landlords fail - failure to manage to the lease (source:  American Apartment Owners' Assn). 

Looking for a turn around scanrio is an ego pleaser, makes for a great story if it works, but high risk it will never pan out the way you thought.

cash flow is still fine with the high rates.

All we know is 1/1 apartments in Sacramento.