There are many new developments going up but traffic in some areas are horrific, especially at peak. 

Quote from @Marcus Auerbach: Are the markets pricing in an expectation of inflation? 

For C to B-Larger developments announced nearby-Increased activity in new construction-Building of commercial retail in or near the neighborhood. 

How many units are generally in a townhome development?

I wanted to share my situation and get some advice.I currently own an apartment in a highly developing area in Guaynabo, PR.

I'm looking to pickup some multifamily real estate but the barrier to entry is crazy in my local market.

Anyone that is looking at your assets is always going to need to factor in property management, so you can show that as a real expense (and really make it as high or low as you want).I work in a vertically integrated real estate and development company, and I cannot imagine how things would run if we did not have an internal property management company that essentially works for the other companies but also stands on its own.

If you’re active in California real estate or looking to break into the market, you’ve probably heard about Senate Bill 9 (SB 9).

Honestly, I never fully understood what they meant—until recently.I’ve been diving into some larger-scale real estate projects, specifically in commercial properties and multifamily development.

Hi Anthony-You asked about the best ways to find off-market deals for your in-laws to buy and move into and you are focussed on the Santa Barbara, CA area which I have been to and it is gorgeous.It kind of reminds me of an Ann Arbor on the ocean. :)Anyway, I like your strategy of driving and looking for houses in need of repair and sending handwritten letters and contacting rentals for the reasons you gave.