, and potentially some selective flips for capital gain benefits.

Too many investors swarmed it during covid for airbnb, it's still not particularly "safe", and the appreciation potential is definitely overstated.

We believe this helps us open up our potential client base. 6.

What you're going to want to do if you truly want to avoid potential regulations is to avoid "Urban" markets, which have a risk of future regulations, and look more towards true vacation markets.

Investing time and energy in getting educated is well worth it.

As you move up the risk spectrum, the projected returns should be higher, but you need to understand there is more volatility in the ability to achieve that return, meaning: a value-add deal with some vacancy, 3rd-4th generation space, more local tenants, should project a higher return than a new construction, national credit tenant base property, because there is more tenant risk, physical condition and obsolescence risk, vacancy and lease up risk, potentially retail corridor risk, etc.  

For example, California's commercial energy rate in November 2023 was $.2314/KwH, while in Las Vegas, it was $.1128/KwH.California - The exodus of people and businesses from California is another factor to consider.

The measures also have the potential to shift investment to other cities in L.A.

That gave us time to hold the property as a rental and discover its potential use.

I think the rents would be lower but potentially less headache.