But a few key things that are probably global are the following: > Take GREAT pictures, do not skimp on professional photography as they sell your home online> Make sure you always put yourself in the guests shoes and are empathetic to the fact that it's their special vacation time as if it was yours and therefore prepare, maintain and communicate with the guest with that in mind at all times.

Maybe some smarter minds than me could come up with a "2%" rule for the Bay Area - something that concentrates around cash flow with an emphasis in the appreciation game. 

A global market crash would require some major global crisis, which nobody can predict, but even then some local markets would thrive.People want to predict a crisis, but I would argue that you should always be prepared for a crisis.

I would like to see more emphasis in responsible saving in young people.

Since we don't make the things we use, our standard of living is going to keep going down until we're below average in the global economy.

Also I wouldn't put too much emphasis on their repair estimates.

In particular someone willing to dig for a good deal, make offers and negotiate hard but fair.Special emphasis on communities such as Riverside, Grand Terrace, Redlands, Loma Linda, Highland, San Bernardino, Yucaipa, Calimesa, Beaumont, Banning, Hemet, San Jacinto, Moreno Valley, Perris, Menifee, Lake Elsinore, Wildomar.It's been amazing speaking with most realtors that we have spoken to with no concept of what makes a good "investment" based upon a true financial analysis.  

Maybe I should have put more emphasis on the "remotely working" part of my question so not to attract unwanted hostility from forum members. 

You should also put some emphasis on how much training you are going to receive after all everyone wants the relationship to work.

Come 2016, demand will likely soften, given a huge number of new apartment projects that are to be delivered in the next few years.For investors interested in the multifamily space this means that there should be more emphasis where multifamily acquisitions/development should be taking place, with a focus on a more desirable neighborhoods, such as Federal Hill, Fells Point, Upper Fells Point, etc., areas that are likely to be more resilient to rent reductions once the city will become more saturated with apartments in the market.As far as heated cap rates go, I agree, they've fallen A LOT in the last 18 months alone, so it makes it that much more important to be prudent in your underwriting.