Lower property taxes, affordable housing compared to LA (CA buyers are usually cash buyers because what they net from their smaller home in CA can get them a bigger home here, often covered by what they net from their CA sale), allergies (smog), and politics. 

Mike Lambert above is correct about house values in Japan.

Quote from @Jimmy Jeter: Need some help to finish our house. 

There are definitely risks that will be completely outside of the auction house.

I’m an agent and house hacker in the north shore.

@Jules Aton it never ceases to amaze me what tenants will do because it's not their own house

Jacksonville has been building at record levels and is/was one of the highest cities in the country delivering new housing units as a percentage of existing housing units.

If you offer high quality affordable housing, you'll always find and magically attract good tenants. 

Here’s the winning formula successful local house buyers and wholesalers use to connect with sellers, close deals, and create win-win solutions:Be Relentless: Show up every day with positivity and persistence.

You can generally get the best terms (max leverage and best rates) on an owner-occupied house.