Your big worry is California anti landlord laws.

Not anti-Realtor by any means. 

At age 37 I went into a completely different field than what I was in (photography at the time) and went to work for a bank doing Anti-Money Laundering.  

The president of Mexico has not done much as a so called socialist- he may be a democratic socialist but isn’t anti- making money- just making sure the people are treated right and companies don’t exploit communities- I’m okay with that.

Lot of blowback from the "anti-Gurus".. 

I have already discussed with the DA's office and their Anti Corruption Department will be handling it. 

While the speech was neither pro nor anti manufactured housing industry, it did share some phenomenal insights.Early in the speech, Dr.

So I guess what your saying is...Aside from the city of Los Angeles chasing landlords away with anti-landlord legislation, rent control, and rental registration, etc, etc, and all the red tape that goes with it, here's another reason for landlords to close up shop and go somewhere else. 

There's a place for Blackstone and these other institutions in the marketplace. at the end of the day this is just a buy and sell of them. if you are anti Wall Street I can't help that. the point is that your D rental theory if that's what you are trying to prove isn't good. someone would be better off putting their money into a syndication and taking ownership in a nicer asset than this than putting together a class D rental and hoping for the best. all of these are newer than 1990 which is very new for housing. the houses you are talking about are going to be built prior to 1950 with deferred maintenance in very poor cities. 

However, the tenant has no say in the sale, such as you stated.There are many other advantages of where I chose to relocate.The anti-landlord regulations in many states are why we've completed over eighty 1031 exchanges.