Lots of little "experiences" for me having to direct the investment W/O checkbook control.

Rent-o-meter is sh!

@Michael PerreiraRates will not change much, it has more o do with construction costs and replacement value than home appreciation.

Goal is to o build another dozen or so in the rest os 2023.

W/O a capable/trusted associate, you're stuck finding someone to play that role for you.

PD o/s of a robbery at 7-Eleven.

@James H Webb III -  It can be whatever you two agree upon for rate and if you make monthly I/O pmnts or just balloon at the need. 

I already have some spots picked out some been a couple in O-Zones which makes this desirable to set up as a fourplex.

@Andrea O. to answer your question, no you will not be able to legally raise the rents to market rate until the tenants move out.

It was a matter of time - the Bay Area lived very well through 2008, but past performance is no gurantee for the future.Real estate is always based on supply and demand and Covid is showing the industry you don't have to be there.Prices have been out of touch for years and you can't keep gaining the same % forever, you'll have exponential growing prices.Prices are always anchored by two things: cost of new construction (about $200 per SF) and rent (1% o value).