So if prop 33 passes it will be possible to cap rent increases from one tenant to the next.A recipe for blight.  

These increases will likely slow to pace more in line with inflation.

Their expertise can often pay for itself in the form of reduced taxes and increased savings.Takeaway: Look for professionals with experience in your specific market for tailored advice.By implementing these strategies, you’ll not only reduce your tax burden but also set yourself up for long-term success as a real estate investor!

After closing, work on increasing your income, reducing debt, and preparing for a second mortgage.

I think it's about the best time there is to outside of the past to invest and acquire properties.I just recently found an article by Julie Taylor from realtor.com that was posted December 10th that has some predictions on housing markets where "Home Sales Are Set to Soar" with Colorado Springs listed as number 1 with expected YoY sales increase of 27.1% and Denver expected to increase 13.6% YoY quoting Christine Dupont-Patz who is a real estate agent in the Denver area. 

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

For me, I could handle the increase in cost and still pay much less than If I got a 4/2 SF.

There are two ways to do this decrease spending and increase income.

I do have folks that don't book because of that.That is a good thing as not understanding the distance to get places will create bad blood and cause those 2 and 3 star reviews which no one wants to see.Like @John Underwood, our place isn't cheap so we don't get the folks that destroy places.The bottom line is that you are renting out an expensive asset to strangers for 3-10 days or whatever.

Something that is increasingly important to those clients is being cash flow positive from day 1 and this is what we deliver.