So don't forget that--{IF] you get this project off the ground.https://www.mlive.com/news/bay-city/2017/02/the_legacy_bay_city_historic.htmlhttps://www.google.com/search?

Also depending on where you are in the Bay Area, make sure you understand if rent caps apply to your situation. 

What supplier do you recommend here in the Bay Area?

Also, if you know someone driving distance to the SF Bay Area with sales experience who would want to learn more about a short-term rental business, reach out.

For example, inventory and price in Vegas,Phoenix and Austin have already reduced substantially that almost making the rate changes doesn't affect much, eg: if the house is 500k 6 months ago, it's now listed at 450k, with the 5% mortgage, one could still potentially buying at the same neighborhood.Your argument is very correct when there's a standoff between buyers and seller,eg when new listing is reduced but closed sales is reduced as well, such as in Bay Area,CA.

I'm in the Tampa Bay area of Florida, so I can't give you exact numbers that would work for DFW.

Some cities in bay area still not experiencing any drops but the downtown area /cheaper area felt the price reductions.

I am located in the bay area and it may be too risky for me in case of vacancy.

We have had huge wild fires in northern CA (the real northern CA, not the bay area) Due to those fires destroying hundreds of homes it put a huge strain on our local housing inventory.

Investment Info:Single-family residence hard money loan investment in Horseshoe Bay.