Amit has given me some great advice about feeling things out with the tenants and stepping softly before taking any action.

I found the market was a little soft last month when I was advertising my place.

More importantly, they have a feature called "soft start", which drastically effects your demand charges on your bill. 

Target brand is good too bc they are soft and dry quickly and a bit less expensive. $20 sheets are short term.

Was initially focused on Oakhurst/Bass Lake, but now considering Groveland as well after reading this post.

You do not have to invest in the corporate headquarters location to benefit from the growth of tech and tech industry job bass is only one element investors should consider when investing, others are strong population/job growth, job diversity, unique culture, price-to-rent ratios, master plan reviews etc.I don't think the future is primary international tech gateways.

Many times my soft heart wants to give them a shot, then I remember my past experiences.

Soft costs - Get your permits ONLY if you're going to build immediately.In Portland, you pull a permit and build half in two years, they'll make you pull/pay for new permits on the rem half - No discount for prior payments.Some BS about how much code will change in two years to invalidate the previous permit.

Carrying costs = 6 months is average flipper hold time 10% intrest average soft money loan cost = $2400 a month = $14,400 (minus downpayment of 60K) = $2400Total costs to acquire and hold minus all other non financial costs = $24,400You guessed it!

The rocket-ride in Toronto will absolutely come to an end, but whether it goes supernova or simply fizzles out (the theoretical soft landing) remains to be seen.While I am not in disagreement with your expressed sentiment for Toronto  - I personally won't go near it ... and likely won't even following a correction unless it is significant (25% or more),  I do find your statements of Canadian real estate financing to be somewhat misinformed - or perhaps distorted as a result of viewing them through a U.S.A. context.There have been corrections and crashes in Canadian real estate markets before which have left owners underwater, yet they have still been able to renew their mortgage financing ... if significantly underwater, and owner could be asked to bring more capital to the table at renewal, though this is historically rare.