I'm also a raver with a lot of "raver friends" but as long as I don't let them control me or waste my time trying to change them, I'll be where I want to be.

Adding to the number of properties I control/own, is more important than the number of dollars I make".Rationalization, is the most expensive word a REI can ever use.

Not that it's a reflection on his law practice, but I've seen how if we don't control what the world sees about us on the web, someone else will!

I know there is a new ordinance on the ballot, but I thought it was only changing the OMI to 2 years and changing the date built to 1995 (for rent controlled units). 

It was a supply / demand anomaly created by improperly controlled lending.

On the flip side, if you need to exercise a lot of control over your investment to be comfortable (ie. be able to see the property regularly, choose tenants yourself etc) and you'd rather have control than free time, then more passive buy-and-hold options may not work for you.

The idea is to gain soft control on the owner side and hard control on the buyers side which puts you in the sweet spot.

You will run into trouble if you slack with cost or schedule control, and I have paid my tuition in the school of the hard knocks myself.A project of that scope, in my opinion, would be a "barely worth looking at" project from my perspective having done 25 renovations, 17 of them total guts, 11 of them over 100k each.It is a personal opinion, and it is not because the money isn't to be made there.

.), who you can control, and that will be easy to work with.I disagree with other responses.

Over the 13 years we have been in business our footprint has grown considerably but it has been at a pace that we can control the service that is needed to back it up.Always feel free to run a management need by me and I can tell you right away if we cover that area or not as our ability is growing.