I'm planning on buying a LTR at the moment, likely small multifamily. markets are hard too.

It is all about a plan. 

Oakland has some ambitious plans to improve the city, and as rate improves, I firmly believe certain parts of Oakland will recover faster than others.

Hey Connor, Welcome to the Forums.Wishing you the best as you plan for your first rental.

I was planning to send letters explaining the higher cost in taxes, market rents in the area, and then offer a gradual raise to meet in the middle somewhere.

I have two properties with MSHB and plan to keep using them in the future. 

Even if you plan of holding the property - your tenants will appreciate especially if you get into a landlord/tenant dispute. 

@Mitch Wittman@Tim BuckinghamHere are the general considerations regarding 401k loans.401k Participant LoansIf your 401k plan allows for 401k participant loans, the maximum loan amount is equal to 50% of the balance up to $50k.

How much work are you planning on putting in turning over your STRs?

Nor did it show the 700 SF solarium on the second floor or the fact 4 of the "1 bedroom" apartments were 800+ SF with some of the best floor plans you can produce.