If you purchase a rent ready RE investment this could be 0%, but at the opposite extreme a good brrrr can produce the now elusive infinite return (I have achieved this on most of my RE investments but believe it is very challenging in the current market to bp not be cash negative after the refi to extract the added value.I expect to make an offer this week.  

A combination of extremely tough long term tenant protections and the economics of short term renting being a lot more attractive. 

This led me to have an extreme ambition of trying to give my future family the things I didn't get.

Rent control in the bay area can be extreme as many areas have rent control in excess of the state mandated rent controlIn general experience RE investors are not choosing to add a single ADU in single family zoned areas.  

Building a portfolio, starting a property management company, and creating a non-profit focused on affordable housing and financial education—what a powerful way to give back to your community!

However, just because I don't agree with it doesn't mean I am in favor of the Government being given additional power to enforce additional laws and restrictions that infringe upon our freedom.

The "Initial Filing" is extremely important to get this right the 1st time as there are limited safe harbors for mistakes to avoid the penalties.

Existing deals will instead be saved by NOI growth driven by rent growth--if you have the staying power to hold on long enough.Supply:  High deliveries remain today mostly because of "hang over" from projects that are taking longer to complete than developers (and industry analysts) expected. 

If I did set out to invest in the local area, I would scrutinize the numbers like crazy and be extremely conservative with my estimates.

Extremely competent team and great culture!!