We have a few markets we target outside of California, but obviously if you want to stay close to home, Sacramento would be an ideal choice.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

If cash flow is tight, consider exploring slightly better rent-to-price ratios within your target areas.

I suggest before that, get heavily networked into your target market. namely with the older investors.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Zoning Ordinance ExceptionsSome properties in the target zone don’t meet the minimum lot area or width size requirements under the zoning ordinance, yet houses exist on smaller-sized neighbor lots.How could these properties get approval for development?

My strategy would be to target properties which are most likely of the owner NOT redeeming.

I'd be looking at multiple structures. we try to build below the average new build cost in our market in Columbus Ohio which is 515,000 last year and we target land 40-50k and urban core adjacent where we get higher price per square foot. we build for clients with margin around $190 a sq ft depending on multi or single. we can get that down in our triplex it's a little higher on our single family homes because of garages and limited economies of scale. hope that helps. idk Philly but if you show me the area and styles of homes I can give you some more insights. 

What’s considered a reasonable target for a property in a high equity growth market like this?

I suspect there's lots of inventory, particularly for new folks coming into the area that find the real estate prices are much better than where they came from.Do you have a type of house you like to target?