This billboard says it all about San Francisco real estate...
Just saw this near my office at Oak/Franklin, it's a bit crushing and makes me dig my heels in deeper to my rent controlled apartment... while continuing to invest in places like Texas, Florida, Ohio, and Wisconsin.
There is certainly money to be made in the Bay Area real estate market but these are high stakes and cashflow is inconceivable at this point. This $712K 1/1 would probably rent for around $3,600.
I've been glad to invest in number of flips and developments in the East Bay that worked out quite nicely, but just out of curiousity is anyone successfully buying for cashflow in SF these days?