From what I've seen of SF rentals and landlords, that's potentially the most money he had spent on maintenance & renovations in a decade, while collecting some of the most profitable rent in the country.
It makes intuitive sense for San Francisco to be "the most profitable rent in the country" as you claimed, but the surprising and counterintuitive truth is that it's the opposite.
Can you please link me a list of cities with a better buy:rent ratio when comparing 2008-2011 SF to 2021 SF? Assuming you were to buy and rent now, since that's the conversation we're having. I have some friends who would be really interested. I just tried to find some on my own, and I could not.
https://smartasset.com/mortgage/price-to-rent-ratio-50-large...