I always find it best to "smooth things out" prior to sending over an addendum, because that make it appear that I am drawing my "line in the sand."

Because if a landlord decides to draw a line in the sand with the city or with the justice system, things can go south quickly—very quickly.I understand that owning rental property is a business.

I understand the 2% rule cannot be used in each and every region because of a multitude of variables, but I’m interested in how investors, specifically those in the pricier coastal Northeast regions are finding cash-flowing properties.

The one in HB is well above average because I lease it long term to a residential treatment center for substance abuse, it's something I have a lot of contacts with and demand in.To the live in suggestion I don't think that's going to work, I own a home on the sand in Newport that I just had remodeled so I don't think I'd like that situation very much lol!

Investing in coastal SoCal where the long term average appreciation is ~6% and underwriting to that estimate over long holds, if you are local and familiar with the market, buying under retail market and forcing appreciation in the short term, and holding for long term appreciation is NOT speculative IMO.Similarly, investing for cash flow may be speculative or may not be.

PR is what Hawaii was in the 60's and what Mexico was in the 70's. 

I am in my 50's and started 5 years ago. instead of buying to hold, i buy to focus on income for my retirement in a few more years. thats the difference for me .. if i were younger, i would buy homes which would increase in value in 15-20 years, but I might not even have any value at that point!

If you need to pass on expenses,communicate the reason(s) and the increaseORjust make an annual increase of <10%

., @Terence Wang, @Dustin Rose, @Jeb Brilliant, @Mark Shuter, @Jon Minerick, @Jonathan Orr, @Nick McCandless, @Blake La Grange, @Sulaiman Harooni, @Andrew Johnson, @Eric Hyde, @Colin Lee, @Victor Morales, @Christopher Yerikian, @Steven Marlowe, @Julie Phan, @Wei Cho, @Vinci S. and @Khoa P.

With more demand for labor and materials, we have to hope that more workers enter the construction labor force, more companies hire and train to enable this, and more competition enters the space for construction materials. i don't know how it is in other areas, but I am hearing more and more about people sending their measurements/plans of their house digitally to china, and they get a container with a kitchen in it, with counters and sinks and cabinets for cheapnot sure if it is here since we are closer to china and have a ton of immigrants, but perhaps in the western coastal big cities tooalohasteve