This was because it was illegal to do so in the first place and the homeowner should have known this.

The property management side, realty medics, could use a tune up as well. 3 day notice not posted until the 17th after me hounding them.

If you have the hustle, you can get better cash flow using alternate rent models, but they require more effort to do well than managing rent ready LTRs. 

Hey @Dock Newell JrI hope you are doing well!

check out Bilco company egress window wells on google, the things are coolhttps://www.bilco.com/category293/Egress_Window_Wells

This is not to deride a program like AppFolio, which is well-suited to small companies (under 100 units or so).

Plus, you continue to build appreciation through mortgage pay down, as well as market appreciation as well.Timing is up to you… now if your potential new investment will cover the higher interest rates you see today.  

Hopefully, this first investment will launch our journey in real estate.Here are some criteria we have in mind:Not in downtown SacramentoClass C+ or B location, since we will be living in one unit (we just want a safe location)Units with shared walls, not ceilingsSeparately meteredFairly renovated or well-maintained (not a fixer-upper, but if one unit is renovated and the others need some work, we would love the experience of fixing and renovating)Can you think of any other factors we should consider?

Perhaps this is an extreme case to use as an example but I am using this to illustrate a point which is this neighborhood like many others in the country would be well served by finding the correct balance between zoning laws and ease of doing business.

Ive been self employeed most of my adult life and have done very well for myself.