Stick to the fundamentals, and you will make it!!!

Fundamentally, if the surround is already in poor condition, with cracks and gaps, you must assume water has entered the wall cavity and created who knows what kind of issues--from simple rot, to attracting various pests, to mold.

Since you are just starting out, one thing I would really recommend you do is look for a mentor or someone that is local to your area and ask them to teach you the fundamentals of bird dogging.

But it is only an edge if it's used.By systematically collecting just a few local demographic statistics (job growth, population growth and income) and property performance fundamentals, we can get ahead of the curve.

I would appreciate anybody sharing with me ways that they do real bottom-up fundamental macroeconomic research on RE markets, and/or any state-by-state or even city-by-city cap rate charts.

Choose a market based on it's economic fundamentals and returns.

From your spot you can easily access the towns along I-84, I-90, and I-395, so I would say pick a location and really get to know the fundamentals and demographics, and you will be able to see value and deals where other people may not see any.

It does change the cash that goes into (or gets deducted from) your bank account, but it doesn't change the fundamentals of the property.Circling back to the main point of your post- you can find markets in CA that generate decent yields, and if you do your homework, you can buy properties that outperform those markets.

I know you like the sports analogies Jay, a good coach selects talent, you can teach fundamentals of how to carry the ball but that doesn't make a star running back.

There doesn't appear to be a fundamental business reason to hold, given it will bleed cash.