$31k after tax annual income - $11k rent = $20k or $1,600 per month net income left to cover all other expenses (utilities, cars, insurance, groceries, kids, activities, etc.).Median household income for 38128 is $41k or $36k after tax

- Can't tell you how many tenant background checks show they are buying lemon cars with 25% "we finance anyone" car loans that are designed to fail. - All they've got to learn is to save some of their income to pay their bills on time and they could then afford to buy a home.Instead, they spend every penny they make on things they don't really need and then blame everyone else.Take a look at a Class C or D tenant's bank statement to see the frivolous things they spend their money on and you'll better understand our society's biggest problem.

My definitions of the classes are (someone else might have different opinion):Class A - higher property prices, low crime, highly rated schools, tenants and homeowner usually higher income (although if the owner bought years ago they could be lower income), streets are well kept, yards maintained, no run down cars parked in street. 

Dont get me wrong I like to have nice experiences you know stop and smell the roses I am not a money hoarder per se I will take trips that many would deem extravagant and or the big one on BP is CARS  so many like to talk about the 10 year old 300k mile car they still drive.. myself I buy a new car once it needs new tires :). 

Personal expenses- car?  

So when you need to go check on things, rent units, meet contractors, etc, you're jumping in the car for 6 hours, spending 1hr there, and I'm thinking after a full days's work. 

If you are looking for property in San Diego that is going to have good initial cash flow, you are going to either have to identify an obscure value add or expect to spend a lot of time and effort to find good off market purchase (most off market offers are not great). 

I unfortunately blocked two plots and paid 20% for both and now it is almost 2 years and there is no response at all from Wagner or the builders :(-------The house will come with stainless steel appliances including a dishwasher, hood, refrigerator, and range.3 Bedrooms2 Bathrooms2 Car garage 1323Sq/ftThe price of this property is $198,000.00 with a 20% due at contract and the remaining 80% could be paid via conventional financing or cash.

I always put a couple nail holes and anchor bolts in their car fender before they drive away.

Syndicators who bragged about how smart they were, showed off fancy lives, cars, private jets, and mansions, second homes, and wrote books and sold expensive courses about how smart they are at investing are being exposed all over the place.