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All Forum Posts by: Edwin Hsu

Edwin Hsu has started 2 posts and replied 11 times.

California Real Estate Q&A Discussion Forum

Post: How is San Luis Obispo for buy and hold investment

Edwin HsuPosted
  • Investor
  • Atascadero, CA
  • Posts 12
  • Votes 4

If my understanding is correct, the CC&R's of the Toscano community will not allow you to rent the property out in the first 2 years.  Also, my opinion on SLO is the market is not that hot.  I think Toscano has been on the market for multiple years and it is unfortunate if they still have "new" homes for sale.

San Luis is a great place to live, but you will be taking a sizable gamble if you are looking for future appreciation in the near term.  There seems to be a lack of good jobs in the area and big local employer PG&E is in the process of closing their operations which would further exacerbate the situation.

0 Votes