This reduces housing supply and therefore makes it very expensive.I didn't do the research, so I'm curious.Is every building, from 2 Units and above, is rent controlled in SF?

I've seen so many folks crash and burn when they outrun their supply trains of investment and decide to throw in the primary to continue their pace of investing.   

There are many micro markets within Denver metro that do have ample cash flow however.

The current development boom is continuing to push prices into the echelon of a market like downtown Chicago for Class A buildings and and limited land supply since its surrounded by water makes new supply very very difficult to come create. 

The other point they seemed to make was that any current tenant who is viewed as higher risk will not have leases renewed once the term is up.This seems like it will make the supply of units for people with marginal income and credit drop significantly, and rent will rise for those units.   

a) Office Supplies (e.g. stamps, envelopes)  b) Software  c) Gas/Mileage  d) Advertising + Payroll  e) Concessions  f) Lease loss  g) Lease renewal fees12) Lawyer/Law office/Legal fees13) Accounting/Bookkeeping/CPA/Tax preparer/Tax advisorHow-much-should-you-keep-in-cash-reserves-per-property?

So, for a $50k Loan you could have 1,000 “investors” to deal with, supply accounting, statements, answer questions, write checks to, etc??  

Things to think about:Transient occupancy taxes, inspection fees, business licensing fee, etcUtility costs, which will be much higher than average bc people use your property like a hotelLaundry costsConsumables (tp, paper towels, shampoo, soap, dish detergent, sponges, cleaning supplies, etc)

Always allow ample time to see everything possible.

What if you knew that a Lamborgini typically sells for 100k, but recently (due to supply/demand) the price was pushed up to 200k.