But I'm hearing the market is so hot that it's almost impossible to find a deal there that makes sense.The other thing to consider is Travis County has the highest property tax rate in the state, surpassing all the other major cities in Texas.

That said, all investments that I have sold have surpassed the 20% IRR figure.

Spending a little bit more to match or surpass comps might work for you especially if there is demand for it.

Does ANYONE question that within a generation or so that the 44% would surpass the 56% in EVERY positive category imaginable??

@Brian Tremaine  I grew up in Cupertino and by the time I went into the housing market 1977 houses in Cupertino had surpassed 100k.. and as a new RE Agent I could not buy were I was raised neither could any of my friends. 

Its not supposition or speculation I have done it all and continue to do it all in that particular market.Although I entered Cleveland last june and I think we are surpassing deal number 20 there but these are your vanilla buy and holds.. we have had no problem selling them to investors they are sold before they are done.. cash flow numbers work as good if not better there than in say Memphis or St.

I'm interested in your experience now that you have surpassed the time you started with PPR.

., etc.2- SF RE fell an average of 20% during the Great Recession but already surpassed the previous highs in 2013.

I am sure you have already surpassed your goal of helping at least one investor. 

My properties purchased early after the crash has risen in equity 40-50% since the bottom of the market and still not currently at there peaks of 2007 when majority of CA have surpassed there peaks of 07'.