Is Brrrr effective in expensive markets such as the Bay Area or would you recommend another strategy?

There are several good options in Brevard County , Palm Bay, etc.

Recently I see the Real Estate market in south bay is kinda doing some correction and the real estate has been doing very good for about 8 years.

The Outback in Mission Bay.

A 10% return is not impossible, but most likely you will not be investing in Los Angeles or the Bay, especially if you are trying to put in minimal work.If you are looking to invest in long-term buy and hold projects with minimal management from your side, my company syndicates Opportunity Zone properties.

Even with a CMBS loan, you can still lose everything you've invested (your time, money, energy, etc).we ran into this also in the mid 80s  I was a real estate broker working in SF Bay area at that time.. and this syndicator was my client.. but what was really tough were those that bought single family owner occ or non.. 

I can convert 2 of the car bays and the shop into livable space and add another 700 sq ft to the deal (comps all have 2 car garages).

Leave the emotions at bay, you're here to run a business-- nothing is personal.Also-- with contractors and recommendations-- Do NOT be too trusting. 

the key is finding a good cleaner which is the your #1 contractor critical to your business.If you have a local SF bay area Airbnb, there is a bay area startup called "getproperly" that is a cleaning calendar app plus a convenient way to find cleaners in the area that are specific to STR (Short term rentals).Once you get beyond a certain number and/or you get a lot of bookings, you may want to hire a "cohost" first. 

Hey Folks! I just signed up last week and so thought I would tell folks a bit about myself. I have 10 units in Eugene OR that I have owned for about 3 yrs.  They look like one contiguous property but, in reality are 5...