Rarely is a sophisticated strategy involved.

[Starts rattling off conventional stats like YOY rent growth, nonfarm payroll growth, steady vacancy contraction, strong diverse employment base, quality of life, relative affordability to other west coast markets.

Easier to find, less expensive, your competition is typically less sophisticated and in a downturn might be more liquid.

Before legalization, grow houses were common as growers didn’t typically have access to warehouse space, and weren’t on the level of sophistication that modern legal growers are.

It allows you to take an unlimited number of accredited investors and up to 35 non-accredited, sophisticated investors.

There will be a premium audit at the end of the year where the insurance carrier will tally up all uninsured payroll and bill you for it. 

This is the low end of a hands off ADU other than converting existing living space.The more sophisticated value add people are still leveraging non-optimized zoning.

They will learn to weed out the losers with sophisticated software and that is already happening.   

They are more sophisticated sellers compared with traditional single family wholesale sellers.

Also, people trying to sell something start at a bit of a disadvantage, because sophisticated readers can see through the content.