Hi Craig,After managing hundreds of properties and investing in 30 rentals myself, I've found Florida to be a great market for long-term rentals, especially in areas like Tampa Bay where there’s steady growth.

We spend our summer weekends on our boat down at the bay surrounded by friends and family.

Half of my rental portfolio for the last 10 years in the Bay Area have been Section 8 tenants.  

Roseville is solid, as there are a lot of bay area residents moving there.

@Richa Wardhan, I have investors purchasing newer built homes in the Tampa Bay area doing long term rental, at around 375k-400k price point and cash flowing close to $1500 a month.

However, there are 2 reasons why this may not be feasible - here's my example:- I live in the Bay Area, CA which as you know is very expensive- Maybe there are rundown properties that are available on the cheap in my area. 

Regards, RuiThe numbers are in fact super attractive. its almost 2x what I get from Lisbon South Bay area (where I started investing 3 yrs ago).

I believe that Neal is a very successful capital raiser by virtue of being in the Bay Area with ties to the tech world, so he has tapped a wealthy investor group through his Multifamily meetup and educational content that he provides.I agree with the comments above that as an investor we always must do our own due diligence which can and should take time to be done carefully.

Investing locally in the Bay Area will come with higher acquisition costs, but appreciation can still build wealth long term, so don't be weary if you're property doesn't cash flow right now the bat.

For Livermore, the activity is slower compared to the general Bay Area so you would need to be more cautious on picking the right property to flip, and the margin has to be large enough for it to make sense.