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Updated over 8 years ago, 09/19/2016
BEST AREA FOR SUCCESS
I'm considering buying a fixer SFR with the intent to fix it, live in it and then sell in about two years. My impression is the best city to consider is Newport Beach, as it seems to be a highly desirable city, giving me the best shot for gains and high buyer interest when reselling.
My price limit at this time is about $2.2Mil, pus small cost for fixing.
Do anyone have thoughts on a better city with likely good appreciation. BTW, I know none of us can predict what future values will be, if the market is turning down, I will hold as a rental. I do not plan to buy anything for at least six months, I'm just starting to research my options for a good return.