You are correct a PM (at least a good one) should be screening and vetting tenants as best as possible -- but that's about where it stops, no one has a crystal ball and no matter what anyone tells you, you can't dictate if a tenant with a good track record will continue to have a good track record moving forward - so unless the PM completely abandoned the tenant criteria that was put in front of the owner on day 1 (fiduciary responsibility), then although unfortunate, the PM is responsible for a tenant's actions so long as they carry out their duties - some, like us however, do guarantee tenants, so that's out.

crystal ball anyone?

@Crystal Smith, @Andrew Johnson, @Craig C

@Crystal Smith Thank you so much!

You can find me on Instagram under Sound Palace Design.

Read David Lindahl's Multifamily Millions and his emerging market book and it will all become crystal clear for you.  

My crystal ball says we have not reached the peak yet, but natural disaster is hard to predict. 

No, no one has a crystal ball and will know what will happen in the next year, but over much longer periods of time, the market has predictable cycles.

If I had a crystal ball I would have bought 5+ years ago in San Francisco.

@Matt R. and @Michael SwanWhile my crystal ball is not always accurate, there are some statistics regarding the San Diego market that are worth keeping an eye on.