For any new investor, I would definitely recommend a property inspection with pest and dry rot.

They also provide and restock shampoo/cond. for guest use and all soaps, detergents, TP, garbage bags, etc... for the home.You can get more info at city of seaside website and talk to Debbie at City Planning to get filled in on all the rules.

Dry-locking basement walls for unfinished basements should be standard for "true" turnkey.Concrete - again many of the best price-to-rent ratios in Cleveland are found in suburbs which have POS inspections.  

I've had it up to 80 at night to dry drywall mud for the morning.

You never see 'Carpets Freshly Shampooed' so that's OK.

It seems to me you would really be depending on constant appreciation....what happens if/when lending dries up?

Interest rates are the best ever right now even though lending activity has dried up somewhat lately

When interest rates rise, VC funding dries up and corporations and consumers start defaulting, there will be plenty of opportunities to invest in the Bay area.

Inventory dried up a little bit because everyone’s been scooping them up, but a deal hits every once in awhile. 

Market rent: 1,450/month Cash flow: ~ 330/month Estimated value: 260K-275KWe’re trying to decide whether to sell in the next year to avoid paying capital gains and some expensive potential repairs (we’re 5 years into a 15 year roof, have some dry rot under one of the bathrooms that could cost 5k to fix, the electrical panel should be replaced and brought to code at some point for $1500-$2K, and we recently had plumbing problems that uncovered orangeburg main leach lines (50s era) that are falling apart and may last a few more years or maybe only a few months.