Did Rent Control induce deflation? 

I’m trying to learn from operators who have experience acquiring or controlling small multifamily properties (15–25 units) in secondary markets, especially in cases where a traditional bank-first acquisition isn’t the cleanest path.Specifically, I’m curious about control-first approaches where the buyer/operator takes over operations first and aligns incentives with ownership before an eventual purchase or refinance.For those who’ve executed deals like this in the real world:What situations make this approach work best from the owner’s perspective?

Properties in rent controlled areas tend to have stronger appreciation due to the housing shortage caused by rent control 

I'm doing the groundwork - learning the market, studying neighborhoods, practicing deal analysis.

I have a 85 year old tenant in Los Angeles County under rent control he’s paying $850 on a $3200 apartment.

Meanwhile, working for top companies will get you trained on best practices and skills you just don't learn in school.

Most of the time, once tenants understand the seriousness of a lease and voucher violation, they tend to correct the behavior.However, practically speaking, I would recommend letting this one go and using it as a learning experience.

I will not trust the tenant to manage the risks prudently and will instead utilize a modified gross lease where I will retain control over physical work orders, snow removal and items that I view as greater liability occurrence related activities. 

That said, sellers will often cooperate if asked, especially if it helps the deal close.What you can do now is focus on risk control.

More control on your own properties and tenants 3.