But I think the enthusiasm built into the West Oakland market, primarily as an affordable commutable alternative to SF, in addition to the upside aspects, are at least or more than baked in at this point in the economic cycle, depending obviously on how you view the future of that market.

And don't get nervous that its a lawyer...I know plenty of tenants that know more about their rights than someone fresh out of law school.

And the great thing is the info is recent/fresh and from first hand experience.

As you know when a SFH is vacant it usually is for 1 month or 1/12 or 8.3% not to mention the lease renewal fee which further drives down the ROI so again, the Norada model is not baking in all costs.3) Over time I have seen their margins increase and their advertised ROIs contract.

If I was just looking at doing a property or two I would recommend finding a new photographer (local college, fresh grad) and giving them some work.

My brokerage is a very fresh new brokerage and I have a pretty awesome opportunity to help grow it.

So yes, it's cheaper to scrape it and start fresh.

I am taking it back to joists/studs and starting fresh every time.

After 6 weeks of basically being locked up in my house, I think I'm now finally prepared to launch my podcast on baking and rapid weight gain. 

Very hard to bring in this kind of passion and enthusiasm over a zoom call.So yes, I believe a lot of the back office operations kind of repetitive jobs will move out but a lot a new creative/engineering roles with fresh talent will be created as well.