Any takes on the Capital? DC?VA/MD area?

[Vince Chaudhuri]

Fellow investors. Just want some age old wisdom from all the heavy hitting investors. I have networking with investors in the Washington DC metro area and the general consensus is this:
The average income around here is around 90K.
Plenty of jobs. (the government is not going anywhere).
Housing prices DID take a hit. But govt jobs are stable, so it wasnt so bad.
Also, over the last 20 years,overall, it is one of the areas that has experienced steady appreciation
Negatives are that houses in this area are expensive(and thus getting cashflow is a problem). Around 300K average.

My question is this, given the average income, the job stability, and the appreciation, is this a good city to start an investing career?
Hoping some of the heavy hitters, Rich Weese, Natiowide, and others will shed some light.
Thanks for the wisdom
Vince