The numbers seem good so far but you need to include a lot more info to get good answers here.

Lot's of people seem to be predicting a market slow down sometime soon in the Bay Area, so take that into consideration!

Most people seem to avoid the conversation about all the Real Estate risk takers that played the biggest part in the housing crisis.A few years before the bubble burst I was encountering real estate investors, house flippers, and buy-and-hold participants everywhere I went, my waitress at The Cheesecake Factory, the two McDonalds employees talking deals on their lunch break, the clerk at the grocery store, everyone everywhere appeared to be a real estate investor in one form or another getting a piece of the housing boom.The underlining problem I noticed was during the rush to get into the RE industry most of the people capitalizing in the industry never learned the basics of RE investing and were simply doing what their friends, neighbors, coworkers, or online postings told them to do to get a piece of the pie.

Right now you seem to be bewildered by the whole business.

This seemed like NONSENSE so I looked for alternatives.

That seems odd.  

Seems to be a lot of information on this site.

It seems to be a recipe for the tenant to fall farther and farther behind on rent.

And it seemed so clear in my mind when I wrote it.

I did meet one contractor who seemed pretty on top of things.