Ideally, the perfect spot would be a secluded room at a restaurant where food and drink can be served and the room is sequestered off so it doesn't get too loud.

But what we can do is give food for thought.At the bottom of the market (2011) I bought 120+/- rentals in the Bay Area and Sacramento and I’m selling.

Just food for thought, there.

I feel this is a benefit, most renters aren't that carful when cramming food scrap down the drain and that will reek havoc with your system.

I'm just getting started investing now...hopefully someday soon I'll be back with more questions as I move up the food chain. 

For commercial, our clients usually want just a simple AIA contract for tenant improvements, and we don’t cater commercial ground up.

Then say to yourself, what would have happened to you had you only rented for the last 10 years in that area you really want to live.After that, then you can decide if you should buy your own residence, house hack it, or rent and buy a cash flowing place somewhere else.Just food for thought!

I've said it before (I'm getting old and repetitive) but cash-flowing $100/month out-of-state gives you $1,200 for the year which is basically break-even once you factor in plane tickets, hotel stay, food, rental car rates, etc. to visit the property once or twice a year.  

Your the bank, the higher up the food chain you are the better position you are always in2.

That "percentage" to someone else may be food on the table, especially when talking about tenants on in your mentioned socioeconomic class at 400 dollar doors.