Investing in Bay area for positive cash flow

[Deepti Mandava]

Hi Big Pockets community - I am looking to invest in A rental property and would like to understand the market for multi family units / Single family homes, areas that make sense to invest in bay area given the current market. My goal is for positive cash flow. I will be using Self directed IRA funds and taking a non- recourse loan. I will be putting down 40-45% and my budget is 500-550k. Can I find something in this budget for a positive CF and also long term bet as this are my retirement funds. Thank u in advance for your valuable advice and recommendations.

[Taylor L.]

Many of my partners are based in California but invest in the midwest and southeast because the cash flow is much better in those markets. I am not an expert on California, but my impression is clear that it's difficult to find cash flow there.

Have you considered turnkey investments? You can acquire quite a few more units in the midwest and southeast and produce a better cash-on-cash return. @Marco Santarelli is also based in Cali and runs a turnkey company.