Source: OneKeyMLSBrooklynBrooklyn (Kings County) saw a jump in inventory and also had the largest increase in median asking price ($400K) as seen above.

I'm considering two investment options and am torn between them:Building an ADU in Berkeley: I have the opportunity to build a 316 sqft ADU in Berkeley, CA, which I could rent out for around $2,000 a month.

My friend is interested in buying a cemetery service business in North California.

Hey Noah, in this market, cashflow is king!

It seems like selling and renting is the biggest wealth builder in the end Rent in a lower cost area with a lower monthly payment and use the difference gained  to invest in the stock market ( which would yield around 8 percent) Keep the primary and hold it long term ( average appreciation in california from what I could see is about 5 to 6 percent if you look back in time Keep it as long term rental ,it would rent for $3800 current mortgage is 6150 $ - doesnt seem smart to me Let me know if you need any more details in order for you to give me a better answer or insights 

I live in California but have some contacts in Las Cruces and I think it's a great place to buy some real estate. 

There is a post here on BP about someone doing their first flip and are in process of getting foreclosed on as home prices have dropped considerably in that area.I live in Southern California.

I’m currently in California but I plan on traveling to Florida sometime in the next week or so to check things out.

@Ben O'Neill You're in California so you probably need to get something signed and approved by congress before you can do anything, but for the rest of us in states that allow business to be conducted....I have all tenants sign the same lease.

Ok, so I have someone doing a short sale of sorts in floridaThe first mtg is with a co out of CA that bought the NPL from Fannie a few years agoThe 2nd is with Mr Cooper, and is a Fannie 2nd (didnt know fannie even did 2nds?)