@Jay Hinrichshttp://dredefenselawyer.com/california-bureau-of-real-estate-gets-tougher-on-enforcing-violations-and-unlicensed-individuals/Home  sellers are complaining about wholesalers not closing and misrepresenting.

That 5% I mentioned use to be 20%, they are being overrun by the majority which makes due diligence for those wanting to learn even tougher. 

That's going to make it tougher than it should be.

@Suzane Ivas  there is a reason in those areas IE tougher or rougher areas section 8 is popular.. 1.

If you're doing it remotely you're going to have an even tougher time vs. someone with boots on the ground. 

It is tougher if he is an LLC or Corp because he can shut down and walk away with minimal recourse but it is still a decent threat if he isn't a total moron

The lending guidelines are much tougher now than they were before.

I feel you though on the part once the Tax money is gone the struggle to get rent will be tougher.

However, if the vacancy rates are low, then you should consider raising the rents.To your point about giving notice on rental rates: my personal expereince has been that tenants of C class units can be tougher to deal with.

Stick with non-aggressive breads, no insurance problems, and tougher questions like how to find good opportunities rather than tying up mind share with problems that make for tired landlords...food for thought.