It is not the easiest city to invest in: tenant friendly, too many city regulations, you can find yourself with a property in a war zone, etc.

However, I love a good vision and I always talk about what the future holds for small towns around my state when laws and regulations change over time.

However, then you have to follow any local regulations regarding that (we have that here) and you have to account for cost and time invested for the turnover.

I think most investors are so controlled by conventional lending and regulations that they feel obligated to use their own cash.

Oils will definitely be a key product especially with all the vape pens and ecigs where you don’t need a giant setup to be able to have stronger concentrates.Think that still bodes well for the warehouse sector though because you’ll have to manufacture it somehow and at scale you’ll need bigger machines

Annually the are regulations proposed to restrict San Diego STRs.  

Hi Mike just to be clear most of the licensing is for being a 'debt collector', and each state has different definitions/regulations.

(Small MF's on normal sized lots being torn down are generally replaced with townhouses that are sold off individually;  or they are building SEDU/aPodment beehives;  nobody seems to be adding or replacing 4-6 unit apartment structures with decent size units)   Also if you are looking inside seattle proper,  be aware of all the additional rental regulations in place there which I love to rant about.   

We're wondering if anyone knows an architect who's familiar with the process who can help walk us through the permitting process (we've done extensive renovations in the past, but never in this county).Also, would love to hear any pearls of wisdom from anyone who's renovated in SF (including working through the permitting process, anything you wish you knew before you started, regulations that are unique to SF, etc.)  

I understand regulations are still pending from Dept of Treasury but what are your thoughts / expectations about the benefits for an investor that is not looking to invest money from capital gains?