This strikes me as very intuitive and I'm willing to be alot of other states have similar statutes.

Hey Kris, I have been in multi family for 13-14 years, closed on 3 so far this year and have 2 under contract.Here is how I do my "quick analysis" on commercial apartment buildings:If it is >85% occupied and a B or C asset:1) Take gross collected income2) assume a 50% expense ratio 3) decide you NOI by .08That's my strike price.So if you said 10,800 GrossTake 5,400 and divide by .08 67,500 would be my starting point.Then if that number seems to work for the property, good.

I'm sure there are better investment vehicles than DST, but from all I've seen it doesn't strike me as a negative whatsoever, and can be a great way for smaller investors to get involved in bigger deals.

Having said that I use $100/door or 12% Cash on Cash Return, 1.3 or higher DCR, and a CAP rate near or above 8% to get my strike price. 

Saving time and money for full time investors that don't have time to find deals.They are vital and invaluable in certain situations.The motivation of certain individuals simply strikes me at times when I see that light bulb go off in their head, and then they expect the rest of the work to be easy.

Strike happened and the project was delayed 18months.  

The downtown/midtown areas definitely attract the most visitors but they also have tons of established Airbnbs... striking the right balance is kind of tricky. 

I think before cities start setting up regulatory agencies to monitor people's activities, it would be better just to strike a tax compromise where all hosts are required to pay a percentage of their income to pay for some of the externalities that come along with Airbnb.

Did it ever strike you as odd that Berkley streets are like a 3rd world country, but the potholes disappear as soon as you cross into Oakland & Emeryville?

The agent, in order I guess to prove his/her usefulness to the renter, will cross or strike out some trivial lines in my lease agreement, and add in their own addendums and kind of mess up the lease a bit.