In my eyes it is not an increase since I am adding an extra 160sq ft of living space to the 2bd/1ba but this CA rent control does not really cover this situation.Anyone been in a similar situation recently?

The big issue there is rent control. 

Hey @Craig Anderson, congrats on your upcoming venture, that sounds really exciting! 

Check out this company if you are looking to get your water bill under control: https://www.econservellc.com/.

Too hard to control you if you only have a few.

I think this continued intrusion will result in fewer mom-and-pop investors which means large corporations (or government) controlling housing more and more, which is a negative for all parties involved.

I control what I can control and strive to do my best.

Will they have their own HVAC system or be able to control the temp?

@Mel Park you don’t get to limit the amount of your liability; you get to (attempt to) control where the liability is assigned.  

Pros-Low effort-Experienced managers-Strong returns-Usually low risk (preferred returns of 8-12%, often diversified)Cons-Fees can reduce potential upside (can be 15-20% of returns above 8-12%)-Illiquid (you are committed to a certain hold period)-Little or no control