The United States has vast natural resources, far more than most nations on the earth - the yuan's value lies largely in labor, innovation, and intimidation.

Currently, rent control might go to the ballot in Nov http://www.gazettes.com/news/government/long-beach...There are also discussions in Inglewood, Santa Ana, Huntington Beach, and Orange County and other cities in Los Angeles, and Orange County. 

They are always trying to copy Air BnB which tells me they really lack innovation.

Not sure how innovative this strategy may be but... as a new investor, would working with wholesalers be a good idea?

I have not used him yet so don't know his cost or anything but here's his contact info- Ryan Lyster with Innovative Plumbing.I don't get anything for it but let them know I sent you if you give them a shout.

There is innovative energy monitoring/submetering available that allows for electric use to be accurately metered among tenants without separate traditional meters/submeters, and it is an insignificant cost to implement & an accurate alternative to RUBS.

Do we think they are innovate and have a coherent strategy? 

Anyway, I have a SDIRA set up as an LLC for rental property purchase in Nov 2016.

Each time, society convinces itself that the current boom, unlike the many booms that preceded catastrophic collapses in the past, is built on sound fundamentals, structural reforms, technological innovation, and good policy"

They already exist edit - 3d printed houses are fantastic innovation and quite useful to low/no income or temporary housing and other uses.