We chose to live and invest here in part because it is the most affordable prices compared to most areas on the front range (besides Pueblo), and it is a hub for tourism and transplants.

(lots of California transplants) Certainly lots to learn still. ?

I'm also a transplant though, after 8 years, I can probably be considered a local.  

She's rented out to corporate transplants over the past two years and in a 7 month period she made a years worth of rent. 

Sacramento, CA is a really hot rental market with many bay area transplants migrating to the area.

I live in NC (a transplant from CA) and have friends who have successfully sold several houses FSBO.

But with the large population growth from California transplants and being the #2 retirement destination in the US, Phoenix seems like a better long term investment if you ask me. 

It's such a great market with all the transplants moving here (which is likely why it seems challenging to find good deals). 

I havent tried looking elsewhere for my needs, but two things that I've noticed about the Sacramento market is that we are seeing a lot of Bay Area transplants trying to get away from the high cost of housing, and Sacramento's housing market seems to be going up exponentially, so it seems lik e a great long term buy-and-hold situation, based on location and market values of homes and rents.

We can always use more Texans, even if they're transplants.