When I had a condo in Davis, CA, the city changed the zoning so residential homes could do this, because there was a severe housing shortage for UCD students.There can be upgrades that are a pain or expensive to meet codes to convert garage space into living space, or so I heard from friends in Davis who did the conversions.  

There is a rental shortage in this county - find somebody great who wants to move in on April 1.  

Turnover is expensive, unless you really *do* want to get rid of certain tenants.For our low income properties in NJ, we've had good, stable tenants the last few years in an area that has a shortage of them.

I have bought and fixed up hundreds of units on the South side of Chicago some have no problems and some have problems but there is no shortage of renters. you just may have to set aside a little more reserves just in case.    

This continues to be a very desirable area to live in, with jobs, and no shortage of Standford and Berkley graduating the brains to keep up with it all!  

If you didn't know, the SF Bay Area had a severe housing shortage during WW II, and there are many large old buildings that were converted into apartments during that time. 

Now, I must tell you that this old hardware store was converted into apartments back in the 1940's because of a shortage of housing during WWII in the SF Bay Area.  

Been working on enhancements to incorporate housing shortage (population/housing supply ratios), though the above indirectly reflects that. 

So far it looks like there’s a shortage of clean rentals in the area.

We have lots of investors in our network, but a shortage of contractors and people with great contractor connections, IMHO (@Daniel Shepstone , @Nhi Nguyen , @Shiloe Bear being just a few off the top of my head..)