From 2010 to 2013, an average of 3,000 apartments were completed each year.Several years of robust deliveries pressured the vacancy rate, which rose 50 basis points to 5.9 percent in 2017.

It's not the rents you collect (some are offering free rent to the clients) it's the drug/alcohol screening testing that generates the large dollars.

I have spent a lot of time narrowing down the insurance options and finding the best value.My nicer properties I use State Farm, they have more robust coverage and couple of line items that are excluded on some investor policies.

Many of these homes are up to 100 years old and some of them haven't been upgraded since Prohibition (alcohol, not cannabis :-) ) So, you could be looking at costly plumbing and electrical issues.

As for future rent speculation, unless we have a sustained and robust general economy, I don't expect Bay Area rents to go up much over the next several years.

Check the roof, check everything and sewage lines.What about the alcohol license and all those permits and papers.

"To Alcohol!

I wonder if this is common in Canada  Australia Great Britian ext.. were you have robust RE markets and investors..... or do they just think us USA citizens are the dumbest on the planet ? 

Robust job growth propelled the seven-rung rise of Seattle-Tacoma (#2) and Boston (#3) also executed an advance of seven places on its strong job market.Minneapolis-St.

I am in Chattanooga, and we have a fun and robust REI community here.