Scams of all shapes and sizes have increased within real estate lately. 

They also scammed my tenants who rented it sight unseen  - handing over the keys and running off without even a walk through.

@Jay Hinrichs You are the anti-turnkey.

So do a rent survey using the usual sites as the source (Craiglists, Zillow, Hot Pads, FB marketplace, etc.) paying particular attention to the cheapest units on any of those sites (realize outlier cheap units may be a scam and not really exist). 

Total scam

Sure enough, I found this thread:https://www.biggerpockets.com/forums/79/topics/103...As you'll see, the Lot Flipper program is a total scam.

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris Scam and/or Morris Invest Scam for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

In establishing tenants' rights to continued occupancy of their rental dwellings the Anti-Eviction Act is remedial legislation deserving of liberal construction.

  ( think anti loan sharking) you want to check that first.small second behind a large first is as @Jon Holdman states a terrible idea and loan. 

The city has done the investor no favors with the tax hikes, however they did everyone a solid with the anti-gentrification legislation, how they felt that would fix affordability is laughable but it will ultimately lower density and serve to drive new construction of SFH/Flats faster then letting the deep pocket guys continue to make bets on higher density buildings.With regards to your comments about 'generations' unless the city and the global economy at large hit the skids, you're talking on a timeline of a decade or two.