It sounds like you've done well so far with the rental, especially with consistent cash flow and great tenants.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

So again I'm able to do that because I've built a life around real estate and it takes time a resources to consistently get deals like that.

The main issue is a consistent lack of effective management and oversight.

Quote from @Melody Bohannon: Prior to my investment, I asked my advisor, Mark Zabilowicz,  multiple times about the holding period and was consistently assured that I could request the return after six months.

Any additional screenings or criteria should be consistently applied to all applicants to avoid potential discrimination claims.Rental application fraud can be a significant threat to the financial and operational stability of running and operating a property.

The first consists of the general exemption, which means the sponsor just complies with the definition as defined by the SEC.  

I'll focus on maintaining the property and optimizing rent increases to ensure consistent returns over the years.

The most useful switch I made was from a vendor who kept insisting the water was fine (it wasn't and no, the chemicals didn't just need more time) to a true pro who doesn't gouge us for maintenance and does a consistently great job.

(I recently saw an article in Forbes talking about the Bay Area’s shifting market) And if you aim to hold properties long term, keep your eyes on towns around the Bay that have had consistent rent growth.Here in my home market of Phoenix, I see investors branching out to places like Austin, Chicago, and even Omaha from what Ive heard because they recognize how trends can shift quickly.