Invest in Tracy vs Rancho Cordova vs Folsom

[Priyanka B.]

Hi ,

We have a single family home in Bay area and are planning to invest in Sacremento area. I am inclined towards new construction homes(SFR) in Rancho Cordova or in Folsom.

My husband is more leaning towards Tracy. His reasons are for Tracy you have more access from bay area and given how Mountain House has developed in last few years he expects to see something similar happening in Tracy. 

I incline towards Sacramento particularly Folsom may be Rancho Cordova too . Good schools and growing city with lot of potential. You get a brand new homes with lesser price range(600K) where as in Tracy it might be more expensive(700K). Also I think if we go with Rancho Cordova we might find something around 550K with good schools.So we have low risk and might be able to hold even if things go bad.

What do you guys think. Chime in your opinions. Our goal is to maximize cash flow with decent appreciation over 10 years. Is it better to wait and watch for prices to drop?

Our goal neutral or positive cash flow both ok but should have some decent appreciation in 10 years.