>I think you'd be hard pressed to get anything to cash flow there with a decent ROI.Multiple sources indicate there is no market that has produced better ROI for the buy n hold investor than San Francisco for this century. 

Currently looking at Prominence and Century Communities.

However, this does not take into account price appreciation which historically on commercial property has averaged 5 - 6 % over the last half century.

Or buy 1 property a year/decade/century.

The mid century modern style similar to the palm springs area is pretty popular here and a pool is a must.

Since I rent to a good number of millennials who are very much in tune with electronic processing, I figured it was time to bring the business into this century.  

It does depend on if we are talking about something turn of the 20th century, or a much newer place.  

Sponsors for these types of investments also should not take all of your money even if you were willing to invest all of it.What strikes me as very odd behavior is seeing people hoard money and try to cherry pick the deal of the century instead of placing smaller (but still big) bets in very good deals.

When Ben Bernanke debases the currency (which was a death penalty capital offense in the 19th century), he is creating digital dollars at the speed of light without any distilled work to support the new dollars.

The events that led up to the last one were once in a Century type events.So how I wrap that back into this TK thread is simply the environment that led to the GFC and how investors bought property and how they are buying them today is very different.Pre 08 it was all the rage to use a HML to put the TK buyer into title then do a rate and term refi with many folks not only getting into the deals with no money down but cash back at close..