I like this route because I can see their body language, and its easier to gauge the tone of their voice.

Any insight is much appreciated and I'm really leaning on your experience BP.

Is this a really high crime area where the police just collect the bodies?

But I do want to take this seriously as I don’t plan on scaling skyscrapers and beating my body to death until I’m 60 years old.

That's just a first glance, but that might lead one to lean towards Sacramento as a play for appreciation and rent increases over time, but lean towards Stockton for cashflow today since the prices are lower.... up to you what your goals are.Anecdotally, you hear a lot more people saying "I'm taking my high income job working from home, and moving my 'home' to Sacramento, and just driving to the Bay Area once a month for the monthly work meeting!"

I am leaning towards develop and sell all or some of the properties so I can do some more deals however I do like the income with the nest egg idea too.Thanks for your help.

I will keep that in mind when investing near a body of water, I'm sure there is some kind of insurance to cover hurricane damage?

HOA in theory can remove free rider market failure if well managed, when there are costs and/or needs for management shared by all.HOA kind of philosophically touches on the oft debated (and oft oversimplified) ideological debate between centralization or decentralization of authorityMy thesis would be: I suspect that HOA developments have higher property values in general, however when controlled for development budget on a per home basis, I would wonder if this actually holds up over time.I have heard anecdotal stories of corruption within HOA bodies, and mismanagement. 

We're nearing the end of our due diligence period, so I wanted to double check that we weren't getting ourselves into a mess before our money goes hard.I also wasn't sure whether to have the current owner fill the units, as I've heard horror stories about owners just filling the units with warm bodies in order to show the higher occupancy on paper, when in fact, they turn out to be not the best tenants.All that being said, I absolutely agree that this is a glass half full situation, as we will get to push those rents sooner than expected.

I do not want to use a wholesaler because they want too much, so I have 3 different ways I'm leaning toward.