The deal with Mattress Warehouse addresses antitrust concerns raised by the FTC, which has challenged the merger, fearing it would stifle competition and raise prices.Tempur Sealy expects the acquisition, combined with the divestiture, to solidify its market dominance, with over 2,800 retail locations worldwide.

Please feel free to ask me any questions you might have if you ever find the desire to invest in that market area.

I see the property is back on the market.

Real Estate market boom2.

I expect economic activity to slow, rate cuts to deepen, housing activity to accelerate and USD purchasing power to continue weakening.  

I'd focus more on the market. if you are looking for new builds that cash flow I'd look at markets with low cost of construction in the midwest that also have good market drivers.

I would think most landlords, who choose to be landlords in very Tenant friendly San Francisco, would pony up the 5.2% knowing that the rate has gone up and down throughout time, unless they want to run the risk of their tenant's finding out and called out as being a bad landlord, being taken on by the very helpful San Francisco Tenants Union or taken to Small Claims Court.Maybe there is a silver lining in California's recent change in security deposits that limit it to one months rent when it used to be up to 2 month's rent for unfurnished units and up to 3x for furnished units.By the way, I took a look at your Company, https://www.getwhale.co/  Since your firm is only offering 4.2%, were you trying to market in San Fran before discovering the Rent Board rate?

I have no decision power but hope you hear your stories!

Now that the market has turned rather south, recency fallacy tells us "short term rentals won't make money anymore, because they didn't this last year."  

so $8000 a month is a little under that market.