I'm still fine yeah even in like worst case scenario of like rent control like let's say something like Pasadena or or like City of La like a 2 3 4% rent increase happens um this Wittier property has extra parking where we can build 0 use so there's still a way to like um extract value even if the worst possible case happens of course you're not going to hit your like 20% IR if if that happens obviously but like you know for us it's like worst case we don't want to lose money um and and we feel comfortable with it…
…ie like that um you know it's really hard for me to buy a coore property the numbers really don't make sense to me um but but yeah in terms of like rent control laws right like that's a big factor for us right because that influences the numbers um in terms of like you know lo location wise whether you're in like Compton or you're like the best part of West Hollywood right that also influences Us in terms of like collections um in terms of like how like how much work we have to put into the management side of…
…close of escrow and and try to figure out what can we do right so a lot of our passia buildings are actually on market now you know like their their rents are pretty high um and and they typically give us good return on costs like pay like 8 to 9% return on cost typically um so we're just holding on to those um obviously the the sale value is impacted by the rent control um even though they are at Market it's still impacted um but even with that we're still comfortable holding on to to to those properties for a…
of SoCal rent control but they also understand the appreciation here right and and the difficulty of really losing value on on a on a good property here so and and they feel comfortable with that right but then there are also kind of the private Equity Funds right the ones that need to close out in seven years for example right and so for those they become it's a different strategy right they don't have the flexibility to hold on for 20 30 years so they will be playing in like