It's not inflation.And just to reinforce that point, to call it inflation, you would need to explain inversion in various money market curves. 

And that's not even mentioning how disruptive and disrespectful some STR guests have become, nor the constantly evolving and restrictive rules imposed by the STR platform, nor the fact that we're at a market maximum in terms of valuation, nor the fact that I don't plan to stay in California much longer.With all that said, if I was a whale planning to stay in California I'd spend the money to fix it up, combine the 2 top floor units to make it a 2/2 master suite, reinforce the roof structure and add easier access from inside because the flat roof has a 180 degree panoramic view of downtown from the Coronado Bridge to Balboa Park. 

And to reinforce and prove it, they are eliminating it from MLS for marketing.

lolCan it be fixed from the exterior and reinforced from interior?

@David Charles Edwards to reinforce your preference to not move around a lot, making your rentals your primary residence won’t get you that far.

Thank you for the uplifting post and for reinforcing my reasoning for doing what I’m doing.

If anything this whole event has just reinforced that when I invest in Ohio, I WILL be doing it via HW, ESPECIALLY when/if selling. 

I was quoted around $10k JUST to add the piers to reinforce the existing damage- but without additional drainage and re structuring the damage would continue to the crawl space. 

This optimism drives lots of new people into the market, which reinforces the feedback loop I mentioned above.

This will clarify and reinforce what you are reading.