Not exactly sustainable with the way prices have skyrocketed.Honestly, bypassing a turnkey marketer might be your best bet.

Some areas saw 12-15-16% increases over the last 3-4 years, but we know that is not likely sustainable. 

However, without my knowledge, the sellers executed a new 12month lease on 2-20-24 for less rent than what is needed to sustain a self sufficient operation. 

However, I think that Kearny / Harrison will see more sustained and consistent rental rate growth.

Rents and prices only outpace inflation if the city has significant and sustained population growth.Income persistence depends on current and future jobs.

Agreed,Should have been removed during rehab process but sometimes it can be missed.Rehabbed hundreds and many times the crews miss stuff so not completely on the seller.I always tell our investors to have common sense when doing a building inspection.Anything that can affect the long term sustainability of the property like foundation, roof, mechanics, HWH, furnace, electrical, plumbing is on us.Any cosmetic stuff that won't really affect rent or cashflow is up to negotiation.If investor is adamant on being fixed, we will fix but at a cost.There is no such thing as perfection on 50-100 year old homes.The demographic in my area also doesn't require perfection.If they do, we don't rent to such folks and advise the suburbs which come at a 3x monthly rent compared to the city.The tree should be removed by the seller and foundation addressed.Doesn't look too major to me anyway.Thanks 

George: “I have a sixth sense.”Jerry: “Cheapness is not a sense.”I resonated with these points!

Will you be able to sustain the balance of your other sources of cash?

If you worked with someone that has sustainable income for a traditional mortgage, any lender would also factor in their income as well. 

CA went through a deep dive after the loma Preita earthquake and the first War in the mid east and things got really bad.. they had 250 different properties  student housing senior  MHP ( land development that I ran) and of course apartments galore and they could not sustain and it all got liquidated and I found myself out of a job..