I was just buying based on cash flow and since I moved to San Diego in the 1970's, I saw the drastic roller coaster like price swings and in the back of my mind was thinking.  

So I decided to try and go with a couple from one of the bigger nationwide firms and got taken on a two month roller coaster ride, only to be told that the wholesaler decided to keep it for himself. 

The house seems to be good and new from outside but too old that the door hinges are totally rusted and the rollers being worn out.

@Colleen F.Since I first posted, we actually had someone interested in both vacant units… It’s like good news really really bad news good news, awful news… Such a roller coaster!

For the price you can't go wrong.Also, to expound a little, get yourself an 18" Roller for walls and you'll never use a 9" roller again.

This will allow you to not have such a emotional roller coaster when it comes to qualifying with financing.As for your Debt to Income you will need to be around 45-50% max (upper of 50% if you have lots of cash reserves).If you have the property bringing in 900 per month that you just bought for 60k then a lender assuming they dont have too many overlays will allow you to use 75% of this rent or 675 to offset your monthly PITIA or principal/interest/tax/insurance/assessments.Your PITIA  on 60k depending on which state you have this house should be around 400 per month so you'd be positive 275 income per month (675 - 400 = 275).So it actually helps you qualify for more since 45% DTI of this additional 275 income you've gained is $123.75.

Do you think a huge government and university job base may have something to do with the lack of a roller coaster ride in prices you see in other cities? 

I am 39 years old and decided to join my 5 year son at the skate board ramps.

Check with investor friendly brokerage Leader1, ask for Kevin Roller.  

@Jay Hinrichs At the new V3 Supercharger (near the High Roller), your new X will charge faster than your old one at 200Kw.