Hey Aaron, any movement with KASA since we communicated how many months back? 

Compare comps of recently sold homes in the last 6 months ( In this case, where do you find sale information?

If you are comparing the two, you may get more appreciation, but more issues in Long Beach versus something steadier in Riverside.

I am comparing both of them right now and while people seem to prefer Propstream, I am surprised to see how many comps do not come up in the search, while Batchleads and even Zillow give me more results (using the exact same filters).

Days on market is about 2 months, slightly better than earlier this year but relatively speaking, it's still a more balanced market compared to rest of the Bay Area.

what really needs to be reviewed is why is it not going well and what is the plan - its very different plan when you cut distributions and do a capital call  to hold $4M to lower your debt obligation to allow for a refinnance compared to needing a capital call because you are only at 80% occupancy and anticpated 95%, rents are 50 cents a square foot less than you wanted and expenses are 25% higher....

There are many variables that increase real estate returns and they are rarely addressed when comparing it to the stock market.

However as you correctly point out this is far more risky and or its risk capital compared to buying a income property.. but the reward can be strati-spherically higher .. not just a little bit but it can be life changing profits on some of these deals.

I will say that some of the listing prices and projected rents seem high when comparing against my own research.

So, that example is not relevant/comparable.