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San Francisco has always been a city of constant change, drawing people from across the globe for its career opportunities, culture, and innovation. Today, the city’s rental market is being shaped by two powerful forces: Millennials and Gen Z. Together, these generations make up the majority of renters and are redefining what it means to live comfortably in an urban environment. For property owners and managers, understanding their needs is no longer optional. It is essential for staying competitive in one of the most challenging markets in the country.

It might be tempting to roll up your sleeves and tackle property management projects yourself, but even small mistakes can lead to big costs. Many property owners are drawn to managing their properties on their own, especially when it comes to repairs, renovations, or tenant management. While DIY projects might seem like an easy way to save money, there are hidden risks that can end up costing far more in the long run.

Property owners, whether managing a single-family home or a multi-unit complex, are always looking for ways to protect their investments and minimize unexpected expenses. One powerful tool that can help achieve this is a Capital Needs Assessment (CNA) . If you're wondering what exactly a CNA is and how it can benefit you as a property owner, read on.