Probably this. california department of Real estate has already nailed two agents for raising rents above price gouging thresholds.. 10k fine plus who knows what kind of license discipline.

Ben nailed it.

Anyways, I think @Caleb Brown hit the nail on the head.

I think @Patrick Roberts hit the nail on its head.

I think you nailed it- the market was reacting to the influx of jobs, which likely comes with transplants looking for housing.

In the few markets where the demand and markets support this, it’s likely that the municipalities will fight you tooth and nail. 

Meeting critical dates is the key to nailing a successful closing.

I am of the opinion that cash flow underwriting comes second, after first nailing the long term deal fundamentals, how strong is the equity upside and market generally speaking. 

And last but not least, the banks will fight tooth and nail when a borrower is seeking a full accounting.

You nailed it with the traveling work crews.