We have a 4plex a little further north in the Central Valley that cash flows, but the rents are definitely not up to market. 

I want to move to east coast in around 3 years and considering Raleigh (RTP area - Cary, Morrisville, Apex), North Carolina as an option as I have studied there and like it, and Pittsburgh, PA. 

She owns a property/ small house on .39 acre lot in small town North Texas, we'll be tearing it down as it's dilapidated and unsafe for her to live in.

Same builder, same house, in same neighborhood for example could back to a busy main street in the entrance of the neighborhood, could face West where people prefer East facing, be the house that everyone drives by and lights shine in the front windows when you enter the neighborhood, could back to power lines in the back of the neighborhood, could be next to the community pool, could be on a corner with a bigger lot, and a host of other factors go into pricing....not just size.The 3 main sources that most sellers use for size are tax roll, appraiser, or builder's plan. 

In the podcast, David said most of the big players in real estate aren't looking at the north east, so maybe there's more opportunity here than in markets like Florida, Texas, Tennessee, etc.. for those starting out.  

The near north side median price went down 1.9%. 

Rightfully so as the fence was installed diagonally to the street and encroached onto their property. 

We keep track of property expenses - all maintenance expenses, improvements, and business expenses, as allowed in the tax code (like a subscription to Wall Street Journal and lunch with other investors). 

The city is revitalizing the street with a new expanded and beautified road (palm trees, lights ect), and several old buildings are coming down and being replaced with new shops/restaurants.

⬆️Rendering of the 9-unit new construction project.I then bought a small vacant commercial building in a great location on Main Street in April using seller financing.