If someone paid Kris and got a nice return on his/her investment, sweet!

Do you notice a sweet spot both in property size/vicinity to the beach?

Sub to is VERY dangerous for sellers... if this loan somehow got called.. and you did not have the equity and or the cash to make up the difference this could really hurt a seller.rare I know but sellers really need to understand the dangers of sub too and not just get sweet talked into them.

If out of choice, the 10 year yield should drop another 75 to 100 basis points, bringing the mortgage rates down, and if we go into recession then they will cut out of necessity bringing the 10 yr yield down 150 to 250 basis points at least, and also leading to rising unemployment and declines in property values, although HCAD will take their sweet time to adjust as always. 

I was actually a student at the university there not too long ago, part of the wine program.

Gracious words are a honeycomb sweet to the soul and healing to the bones."

Tenants expect them and it is better to increase a small amount every year then a larger amount after several years.We typically know what market rent is from the turnovers and keeping a long-term tenant slightly below market seems to be the sweet spot.

I have seen as low as 10% and as high as 40% though so if you truly feel 30% is the sweet spot for you, stick to your guns!

Picked up a sweet 9 unit last year. 

@Steve Bush Hey Steve, there are still restrictions throughout riverside, but Temecula Wine Country is not restricted as far as I know for short term rentals.