Those which remain, just adjust their maintenance expenditures which leaves the very same Tenants which originally, wanted rent control wondering why their rent remains high and their rental quality is horrible... an example of LL's and investors pivoting and moving faster than politicians ever can. 

I can give you a real life example, there was a 160 room hotel, 60 years old, but good quality construction.

They operate in excellent markets, have quality rentals, screen tenants thoroughly and have great communication. 

It's a quality property in a quality neighborhood, just a short distance to the downtown mall!

Not just the mechanics of the deal but the qualities that make our properties more stable than others.

While they have not yet totally shut us down, and I'd be surprised if they did just based on this being east Tennessee, I have noticed the quality of my bookings go way down the tubes.

I tell my clients here in Chicago to buy for the long term and to focus on good quality buildings.

Google map: The street views quickly get outdated so don't rely on those entirely, but getting an idea on what businesses are around and the quality of schools in the area is helpful. 

@Andrew Oliveri(Typing on smartphone and wouldn’t let me keep going)Any long term investments are passive income.

Because most people have never experienced anything other than a mortgage appraisal, they unwittingly assume all appraisals are similar to mortgage appraisals when that could not be more false.Mortgage appraisals are the very worst of all appraisals in terms of quality (not including the nightmares known as AVM's like Zillow).