best bet for landlords is SELL NOW! and don’t look back longingly to that “sure-fire” monthly income you got used to because it’s going to become a “once upon a time” fairytale that owning rental property is a great idea. well...it was. once upon a time.
This is especially true in California.
We are trying to sell four rental properties in California that have been in our family since the early 70s - before the laws drastically changed in favor of renters. We can get none of them out in order to sell the properties - our real estate lawyer estimated it would be up to $30,000 to get each of them out, the new “cash for keys” scheme not a one of them can afford to buy the properties.
We are raising the rents as much as we legally can, and that is about all we can do.