We still manage but we can, and at times do it all remotely, all while having a mortgage on ALL of the properties.  

Single family homes are exempt from rent control everywhere in the state.  

california has had statewide rent control on mf units for ~5 years.My experience with rent control is that in the near term rents increase more than without rent control.

Also don’t forget landscaping and general pest control (termites) if applicable.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

If I donated to aids health foundation and they spent the money on rent control instead of aids research or health care, I would be pissed.  

Median household income can be an indication of the area.It's not feasible to manage D-class remotely or with 3rd party management and make a profit.

With so much out of our control with military orders, we were fortunate.

California is the only state that has essentially put a rent control type of restriction on home owner insurance premiums.

After failing to find anyone even remotely interested, I posted the deal on Craigslist and found a very sweet family who wanted to buy the house.