That would just be icing on the cake.

Jobs were created, engineered arrived, the Asian population boomed, and the Irvine Unified School District became among the best public schools in southern California and homes prices moved up faster and some what became crash proof during the down turn compared to Irvine's neighboring OC cities like Mission & Aliso Viejo, Tustin, Fullerton, Anaheim etc.There are so many golden nuggets I have picked up from post Jay and I really appreciate you writing this post.

There is nothing you can do about a eviction or midnight run vacancy but a controlled vacancy such as letting a tenant leave over a rent increase should be a cake walk and never create a vacancy.Come on guys man up and ratchet up your business from the amateur bush leagues that this business has a reputation for to the professional level.

It is amazing that folks think appreciation is the icing on the cake .. when in fact its as critical a component to investing as the cash flow..

Agreed, it's tough to have your cake and eat it too.

It's not just list on the MLS and wait for offers... and it's not a cake walk.

In my eyes appreciation is just icing on the cake...

A blackmailer for a tenant is just icing on the cake. 

Anaheim is another great example.

Spend all your time finding GREAT people and your business is will be cake, otherwise you'll just end up managing an PITA property manager instead of a PITA tenant.