I believe I can circumvent the unemployment issue by retaining one month of rent and one security deposit per additional tenant since the original tenant pays the rent each month.

This will allow you to warrant a higher rent as well as retain your tenants longer.As for me, I am slowing up my acquisitions at the moment.

I like vinyl planks for the floors because they’re durable (if you use good material) and waterproof.

@Nik Moushon I talked to the city and looks like they mentioned that the lots are grandfathered in asSingle FamilyMulti-FamilySingle Family  To rezone the lots would cause issues that with the multifamily retaining its status. 

I'd love to stay in touch and maybe we can even recommend materials to each other that we find useful while educating ourselves.

The husband is a “handy-man” and would like to do the repairs himself and for me to reimburse him for the materials.

Plus the trades are aging fast and many will retire and we have a generation of college kids come up who can't tell a 2x4 from a 2x8.Sub 300k inventory (in our market) is the lowest and limited to existing homes - the cost of land, materials and labor force builders into the 400-600 range, so starter homes are like bit-coin: finite supply.Wrapping it all up I dont believe we will see an economic slow down have significant impact on the RE markets - at least certainly not to the tune for 2008.

If they want it I suggest they pitch in effort or material....

Labor and material costs in the Bay Area are on average $200-$250 per SqFt for brand new construction, so that's where I'm at a loss - even for a rehab of 3k SqFt, it shouldn't be that cheap.

@Chirag Shah Interior pest control is tenant's duty, but if you feel that could become a problem, and in the case of multi-family, you might want to retain control over it - but then I would charge them for it, or make sure the cost of it is factored in your calculations and rent.$140 is for SFR, and more precise, for an HVAC unit.