So even if you move to Sacramento, it's only a few hours back home by car on the holidays to see your Grandma who bought her San Jose home back when it was $50,000.6) Sacramento's Culinary Scene is on the Rise -- Bay Area folks are bringing their tastes and appetites with them. 

We both directly lend and we broker deals to other lenders whose credit appetite fits the transaction better than ours.

Those banks had their appetite with me due to me maxing out my exposure or me growing too fast for numbers to catch up.For the past 2 years I have been refinancing through non bank national lender - LendingOne.

Feel free to run the deal by them, get their opinion of value, and their appetite to lend on it.  

I would hate for him to give the property the thumbs up and then find out I am liable to install a fire suppression system or something else that will require after sale cash out of pocket.

So I guess my question is: what is are most investor's appetite for being all in at a price above market value even though it is a decent cashflow opportunity?

The question of best areas for rentals also depends on risk appetite and property class type.Overall in that price point, there are a towns within Fairfield, New Haven, Hartford, & New London counties I think cash flow well.

It really comes down to you and what your appetite is, what your risk tolerance is, what kind of lifestyle you want to live etc. 

I know it isn't a definitive answer, but it really does depend on the appetites of the institution.

If you didn't have a heavy appetite for risk, you could invest in triple net lease real estate in addition to federal and state tax free municipal bonds (munis), which would pay stable solid returns for years to come too.