I've helped a lot of investors in your area, and I find that many of them end up purchasing rentals in the Central Valley for the very reason you mentioned.  

We try to help them as best we can, but then our name gets trashed when they don't get their paper results - because you know, EVERYTHING is the PMCs fault.

I hope this helps! 

I am not sure about the other markets but I would suggest looking up a Realtor from here and utilizing their knowledge to help you. 

The reason I ask is that knowing the fast movers of the area may help you choose your project.Lastly, what kind of renovation budget have you established, and is it an upfront budget, or will you be contributing to it over the time that you live in the property and renovate it? 

This influences market expectations and reinforces the downward pressure on mortgage rates.Labor market softening could further help with ratesIn his testimony, Powell also remarked that the labor market has "cooled from its formerly overheated state" but remains "solid."

Hope this helps you get started, and good luck with your first property! 

Your input would be really helpful as I navigate these details.Thanks again!

Still plenty of good deals to be found, just need the right people in place to help source and rehab.

I wanted to help them out and minimize their loss and saw an opportunity to get a property slightly below market because of my commission savings, immediate mortgage and maintenance relief, in addition to keeping a lower short term interest rate How did you find this deal and how did you negotiate it?