Investing in SF Bay Area

[Katie Par]

I own one rental property in the East Bay which has had a lot of appreciation in the last 5 years, and I am interested in trying to find another to hold long term. My budget is around 400K and I can't find anything that would have a positive cash flow. The market here seems to be cooling off some so I am wondering if prices will decrease over the next year or two and if now is a good time to buy or if I should wait. I would also consider the Sacramento area but I am less familiar with it.I've yet to find one with much knowledge in this area. Thanks for any help or suggestions!