Is there reason to believe San Clemente CA is the best chance at upside appreciation on the coast, if one is willing to take cash flow negitives for the next decade with 75% LTV leverage.

Hi everyone,I live in California, investing in the Midwest.

I live in CA and want to buy out of state.

@Zeliang ZhengHere is a good article worth reading: https://www.biggerpockets.com/blog/invest-for-real-estate-ca...

CA is the closest thing I have found on planet Earth as Landlord "unfriendly state" and EVEN THEN there is part's of Ca VERY landlord friendly.     

I have a state license and NMLS in Oregon were its required  same with CA  you can lend money there legally with those license or a RE brokers license which I have one of those. 

This afternoon, we let Tenants know that we have a prospective buyer and a Realtor who will view the home in two days at 1:45pm.Tenant sent us a text citing California Civil Code Section 1954 stating they have a right to not let us enter.

States like TX, CA, NY, CT, NJ are all tough when it comes to finding a low priced investment property.

Other cities such as San Ckemente, CA allow STR, but they're limited to those permitted before new law, etc.

If I build the same thing for multiple investors in downtown adjacent neighborhoods it helps spread the risk. not one person is local to my market doing this because we aren't a capital market. all are from high price point areas like New York, Texas, California, etc