I am nearby in Costa Mesa.

Is there any senior housing nearby?

A nearby building with with different income and expenses is not comparable.

It's only 20 minutes away from where I have lived my whole life so I know that the town itself doesn't have many attractions, and the schools aren't great, but the property is also just a couple of minutes from the highway and 20 minutes to the nearby city.

house nearby was listed highstank of cigar smoke & basement had that stale beer stench.sold to an elderly smoker @ full price???

The M streets and nearby neighborhoods are great.

The cashflow provides a nice lifestyle for my family therefore i will continue to stockpile.

After reading Brandon Turner's case study blog on how to buy a small multifamily property I decided it was time to actively pursue a property and found a great deal in a nearby market that I'm planning to purchase with a friend.

If not, then focus on stockpiling your cash while remedying the obstacle to your ability to qualify for a loan (reduce debt, credit score, etc) and/or find a partner to work with who also has cash or who can qualify for that loan.Fifth, just seek seller financing or take over someones payments to buy something.

In my particular case I am assigned to Dover AFB, DE and the market around Kent COunty is somewhat slow; I have also considered to broaden my target market more towards nearby Pennsylvania and MD areas.