New guy looking at properties in San Antonio

[Mike Huerta]

Hi, I'm looking for my first SFR property with a target price under $200k and since I live in Northern CA (Bay Area) that's pretty much impossible. Enter San Antonio. Seems like you can easily find properties that should carry a gross yield of around 1% of the purchase price. Example Here. But what I noticed (not with this property but for several others in the Far West Side area of SA), is the price history and days on market. I'm finding a lot of homes that have been on the market for several weeks to several months. Do any local experts have insight to the current market conditions in SA? What about the Far West Side area? I know my neighborhood like the back of my hand, but prices are just too high to to buy a rental. Thanks!

-Mike