Californians population has been decreasing slightly, CA lost a seat in congress.

When negotiating, did the renovation credits decrease your final purchase price and your monthly payment terms?

Quote from @Kevin Sobilo: I plan to find a couple of comparable properties with different zoning to demonstrate how zoning increases/decreases value.

Just make sure you collect more data before making a decision.Thank you for the feedback,They actually decreased the rent from from 1150 to 1125 in the last month.

That can decrease your buying pool.As a flipper, your ideal buyer should be somebody represented by an agent buying your home.

They're paid by the job and if their performance ever decreases (which can happen - they're great for a time and eventually for whatever reason their quality, timeliness, etc declines) then it's easier to phase them out & replace them with a different crew. 

Once you find somebody that is capable of representing you the right way in these scenarios, you will not only make more money but you dramatically decrease your chances of hiccups throughout the process.

So in essence unless your going to fight (and pay) for a fair return against a fascist Oakland rent administrators - your profits will slowly decrease.

Our market is unlikely to produce outstanding cash flow with the use of a PM and if you are self managing, your cash flow equates to earnings for your efforts.I am hopeful that the high interest rates have had a negative impact on income and that the STR income will improve if rates decrease.  

And with interest rates decreasing and supply normalizing over the next year or so as the area adjust to the new batch of cabins that came online recently, prices will start to go back up again.