That’s because the Bay Area housing market is historically strong and rents increase nicely over the years.

San Diego has historically been near the top of nation in buy and hold RE ROI. 

I asked my realtor to get me historic market data and she couldn't find any.

You can't have a country spend 2 trillion more then it takes in simply by printing money and not create price inflation over the long term.The 2 percent inflation the government reports is nonsense. 5 percent historically is closer to the real number.

@Oscar MenesesBeginning investors need to STOP believing all the fluff about rental investing, especially with the overheated real estate market trending to historic norms.

I don't know where you stand, but if you are in a higher tax bracket a C-Corp, which is currently taxed separately as a stand-alone entity at a lower historical statutory rate (21% versus 35% since 2018), might be advantageous.

Knowing what all of you know now, would you start with a large home (think 6 bedroom) and a pool (400-550K and would be a stretch for us) which could bring 40-60k a year based on what I've been seeing down there, or would you start smaller on a learning model, say a 2 bedroom in historic Wilmington that is up for sale at 119K that the description says has brought in over 14K so far this year doing AirBnB?

Harry Stinson is an entrepreneur/developer who specializes in restoring major historic buildings into condominiums, hotels or rental residential. 

We recently had a structural inspection done of one of the historic buildings in The Dalles, turns out that huge investment is needed.

Then we look at historical (if available) numbers for Other Income (laundry, late fees, app fees etc) and underwrite to a conservative estimate of total Other Income.