However @George Skidis mentioned last night to me about making things like this a fee in his business operations, for certain "great" reasons that are fuzzy to me right now; something to the affect that fees come before rent in prioritizing payments. 

Anyone else in the Baltimore County area who wants to collaborate please give me a shout.

In this case you are prioritizing a lower guaranteed return over a higher risk / higher return.Using leverage when you are growing your business is a great idea to maximize return.

Assuming all other things being relatively equal (ie you won't be investing in a market that doesn't cash flow, obviously) prioritize people over market.

I’d prioritize my lifestyle preference over potential appreciation when deciding between those two different environments.

We might be able to collaborate since I'm working the Memphis market and could use some "boots on the ground" support.

Im also open to collaborate with some like-minded investors if its mutually benefecial.

More experienced investors often prioritize items such as the value of the value add, amount of market and rent appreciation projected, how passive is the purchase, etc.It is my opinion that SFRs purchased at retail today in San Diego will have negative cash flow when financed at tradition LTV (all cash of course will cash flow).  

We'll miss the next one due to travel, but I'll definitely prioritize the August meet up.

I look forward to collaborating with you!