The good news is that in cities like Berkeley with aggressive rent control, there is always a shortage of available rental units (the rent board bureacrats constantly find ways to perpetuate the housing shortage upon which their jobs depend).

Never throw your city into a conversation about another city.

Much like Detroit being the "hottest" city, overtaking Miami. 20% appreciation on $80k is nothing in absolute value.

It baffles me because locals are soo used to this wonderful city right beneath them that they pass up on opportunities!

Do you utilize in-fill lots from the city?

 @Chris SeveneyThe long-shot play I became aware of; Capital Improvement Project Funding that the city/county have allocated for projects that meet 2 criteria.Have a lifetime greater than 10 yearsCost more than $50,000I believe, even if the water and refuse collection run is only 1000 ft, that may not qualify but to do it "right", that two mile run would allow the entire subdivision to be supplied with services.

Which city do you prefer to invest in and why right now ?

Hi all,I’m a New York City resident and am looking to research and eventually invest in an out of state market.

There are literally hundreds of STR facebook groups, for cities and resort areas throughout the U.S. and the world.

The good news is that in these types of cities, there are significantly more properties for sale (albeit at lower price points), and you can gain traction with a few houses per month more easily than in tougher markets like Tampa or Dallas, for example.