There was a bit of a stalemate where the seller was in shock and supposedly wouldn't budge, so I offered to cover ~25% of the gap and they went for it.

Somebody bought it and she was shocked it went up for sale a year later.

You’d be shocked by how little actual screening many PMC’s do!

Just don't hurt the seller👍YUP about 2 to 4 times a year when I would buy a court house steps and knock on the door.. the person who lost it was just shocked..

You’ll be shocked at how many owners are fed up and ready to sell.Good luck !

You’d be shocked by how little actual screening many PMC’s do!

As such, in 1+ year from the start of their extension, they will be paying $300/mo more than they were before, which brings them much more in line with true market rents, but still lower (discount) from what they may pay elsewhere for a comparable (nice, modern unit; house was rebuilt in 2016), and they get price protection in year 2 from what could be an even larger rent increase if the market stays hot (which it has; this was in Feb and the rents are already much higher in CA since then).I am also very honest and direct with them and I tell them as they get farther and farther behind market rent with the rate they are paying when I do have to raise it a bunch, like say $200/mo to stay at least within eyesight of market rent, I acknowledge that they likely experience "sticker shock" and their first inclination is to say "hell no"/decline it, and want to move out.

Any shocking stories you have?

In So Cal, you would be shocked at what garage ADU conversions cost.  

:shock: Those numbers suck.