Imperfections caused by normal residential use-scratches, small blemishes, small chips, etc.Spot painting, excessive patching or mis-matched paint resulting from poor touch up painting, unapproved painting of any kind done by resident.

I think MTRs are a great, higher income alternative to LTRs without the high turnover and excessive fees that STRs face.

I remember, several years ago, reading in the code book that one reason an exception may be granted is if zoning restrictions result in an excessive hardship on one’s ability to use the building. 

There are some slow-BRRRR opportunities in pockets of the city (and by slow I mean it is more speculation than I'm typically keen on, but there are some options higher on the risk curve).The biggest issue in our market, similar to most others in the US right now, is that sale values have surged far in excess of rent values. 

City of San Diego has a tenant protection act that is more excessive than the state wide AB1482.  

Yes costs rise but windows open in winter and excessive water use are all things that utilities included means as a LL you should have a say about. if that doesn't work the tenants can choose a non-utilities included unit.

Most of it was excessive and a quarter of it completely pointless.

It’s straight forward and low on frills, fat on solid, actionable advice and education.

Because we paid more at the foreclosure auction than was owed on the mortgage, the tenant was able to collect those excess funds from the county and afford to pay rent - which was considerably more than what his previous mortgage was.Just to set the scene - the tenant had 5 cats, and 10 litter boxes that had not been changed in years.  

If you can deploy that excess cash and yield a return higher than the difference in cash flow, then I wouldn't step up to a 20% down payment.