@Justin Ashton, Glad you've enjoyed the SF meetups (announcing another one soon!)

The Statute merely announces that after 6 years the courts will no longer enforce the property owner's right to those rents, and after 10 years I may make a claim to the property if I file a suit for it.

Announcing the BiggerPockets Conference 2019!!!

“Sacramento is the No. 1 location for people leaving the Bay Area," said Barry Broome, president and CEO of the Greater Sacramento Economic Council.Centene, a health care company, has already announced a move to Sacramento and is building a new facility in North Natomas for an expected 5,000 new jobs.Broome told KCRA 3 that Penumbra, another health care company, has also announced plans to build a facility in Roseville.In addition, “EA Sports has brought a division to Sacramento over at the Ice Blocks,” Broome said.

Didn't get back in time to add the links:Here's the problemNote too that Experian, Equifax and Transunion have announced that they will discontinue reporting the majority of civil record judgments (which includes eviction judgments) beginning mid-2017 as part of their National Consumer Assistance Plan.What to do?!

The next UAW strike announcement is at 10am. 

Just got a yellow letter (well actually its a white post card) from someone from Indianapolis breathlessly announcing they would like to buy my San Jose town house (current value approx $1M) for cash!

Airbnb has announced a two-year pilot program in Oregon that eliminates guest names and photos from host screening as a way to see if it combats illegal anti-black discrimination.  

Caveat is that turnkeys sell for the high-end of market value, so disposal in the first few years will likely lose moneyCONSSpecific market and asset risk is long-term (per property - mitigate by diversifying across different markets and property types)Spreading risk across multiple assets and markets requires multiple investments and quite a bit of due diligenceTurnkey properties (along with most other single-family homes) are becoming harder to acquire and thus more expensive, compressing returns and making it harder to find properties to buy with solid cashflowPortfolio risk from individual units is high (until sufficient number of doors achieved to mitigate this risk)Using leverage requires qualifying with personal credit - may become harder/more expensive with recently-announced changes at Fannie MayRequires some effort (to "manage the property manager") and decisions required at some point for capital expendituresQUESTIONSWhat unique risks are there with the turnkey single-family rental model?

Las Vegas is a rapidly growing city.The average population growth is between 2% and 3% per year.According to CNBC, Las Vegas is the top destination that people want to move to.Penske truck rental announces 2022 top moving destinations: Houston is #1, and Las Vegas is #2.What brings people to Las Vegas?