They also cap on rent rates based on the number of bedrooms for the tenants voucher so some of my rentals (depending on the location) will bring more rent than what Section 8 will pay .

Another option that I know of that would cap you at 50% LTV. 

It’s a familiar debate, as Californians have faced this choice twice since 2018.Under the 2019 Tenant Protection Act, rent hikes have been capped at 10% per year or lower if inflation rates dictate.

If so, would they be capped at the 60% bonus depreciation limit of the purchase year or <40% limit depending on the year they met their material participation limit?

@William Coet it’s a different business model altogether.I love highly desirable areas that attract highly skilled high income college educated workforces.They tend to be more liberal and therefore the landlord tenant laws.The percent of their income that goes to rent is typically much less than 20% so a rental increase of 5-10% is nothing to them.They are typically lower cap rate areas and therefore every dollar of net operating income that is earned is explosive to the underlying asset value.

It was the roofing scams combined with no cap on attorney fees for small claims. 

If you look at the screen shot below from my property appraiser's website you will see that there is something called a Cap Differential.  

When people buy too many properties too quickly, they end up with underperforming assets and more cap ex than they expected.

SFR - Low cap rate (3% or so) Multi-Units - 10% Cap Rate, but poor condition*Multi-Units - Low CAP rate, tenant occupied*I understand my options for fixing things up at a property, but here are the issues I am running into.. 

 $1800 (high end of rent range) - $1535 (hopefully mortgage includes full PITI) - $90 (5% vacancy) - $400 maintenance/cap ex - $180 PM (at that low rent point I am using 10% all inclusive) - $50 misc (bookkeeping, utilities that are not tenant responsibility such as slab leak, tax man, allocation of asset protection, etc).