Onto the point...On each end of the spectrum you have "newbs" who jump into REI with no regard for the risks and without nearly enough education, just waiting to get burned...then you have those (like myself) who have spent years reading and learning but can't seem to take the leap, for fear of getting burned...HOW do you know when you're ready to get started?

It is on the White side of the Black and White spectrum.

Anything more you get large families and more wear and tear. 2 and 3 bedrooms are flexible and hit a large spectrum of renters looking for a house.

That's the homework that you should be doing.On the other side of the spectrum there are timid, or non-professional agents who haven't built the rapport with their clients to price the property within reasonable market values.When you buy a home for your own residence or for your own investment purposes, you have to have a goal, written down, clear and achievable.

I have rentals throughout the spectrum - from very low income rentals in the hood to nice SFHs out in the country.

I'm curious to learn where on this spectrum you lie.And sellers...

Baker Ranch neighborhood is about 5 miles from the Irvine Spectrum and brand new! 

They're all fairly large cities and as such will have areas that range the full spectrum from A-D.

I would think this would cut down on the percent of the population who is on the renting side of the spectrum.

Where are on the spectrum of prices and rents does this property fall?