Really looking to upgrade to battery powered access control to be more efficient and cut costs during turnovers.

The percentage to GP seems way too high especially if the GPs have no capital invested (LPs have all the risk).good luck

It would give the local governments power to ban STRs.

If you believe the property tax assessment is too high, you can explore the option of appealing it.

All of my cycling friends are highly motivated people.

As noted by Ben, I highly advise that you target single-family homes with in-law suites or additional living space that can be converted into a separate unit and sourced as an STR via Airbnb or on another short-term rental platform.

I highly recommend starting by tuning in to the BiggerPockets podcast.

Median price is high while median rent is so low in these markets, zip code 95757 is even worse in term of high home price but low rent.

By contrast, small multifamily is a highly inefficient market.You teach underwriting to the average, which is the correct way to do it.

Their neighborhood selection process is key in affording investors a home in an area that instantly produces positive cash flow and high probability to earn above average market appreciation over the long term.