Hi BPI have lost several deals recently due to financing.

Remember you don't have to own a property to control it.Paul 

That was a lot of lost jobs for Bham.

But if you fix the issues, you stand a good chance they will stay so long as rival gang members do not move in the area.Bottom line, I know a lot of people who have been very successful in this area, including @James Martin and I know a lot of people who have lost thousands.  

Long story short, after trying to sell it for 5-years, and spending more than $150K trying to maintain and improve it for sale, we lost the house to foreclosure because i spent all my money trying to maintain it.

Whether the political climate has been controlled by the left or right, Leviathan continues to grow and with it our population and home prices.

Long story short, after corporate downsizing, I lost my job and relocated to my home town of Tulsa, OK; and not having knowledge of BP to help me realize what I was about to do may not have been the the best decision, I sold my portion of the company to my partners.

So we lost $40 or 50k, plus the difference in rent vs. the mortgage.  

As someone who has made millions in the current San Jose rent control market, I'll tell you that rent control is a great thing.

When a little old lady tenant that's been in a rent controlled unit in my area for 30 years dies and the unit goes from 1986-adjusted rent controlled rent to current-market 2016 Bay Area rents, the rent increase from that unit will generally support >3% per year averaged out.