The reason turned out to be a very high percentage of residents with advanced college degrees and very high house prices.San Jose CA is huge with dramatically variable neighborhoods.

After getting some experience I got a HELOC for $115k from my primary residence I bought back in 2010 to boost my flipping business.

I am the buyer on a seller finance deal and am hoping to somehow get my note payments to boost my credit.  

@Todd Magin, thanks for the confidence boost!

Any advice is greatly appreciated.8bd/4bth legal 3 unit Unit 1:2/1 TNT pays all, rent 550Unit2:2/1 TNT pays all rent 475Unit 3:2/1 rent 450Asking price 100kARV 140kDp 5% at 5k loan AMT 95kLoan interest at 4%Expenses:P&I: 453Insurance: 100 Water sewer: 100Prop tax:300Repairs: 147.50 at 10%Capex:147.50 at 10%Vacancy:118.00 at 8%Cashflow: 158.46Cap rate:5.25%Coc ROI:38.03%GRM:5.65This represents a purchase at asking price however when I viewed the unit a couple things stood out the attic seemed to have done a little moisture issues so I'm guessing the roof might need replacing, also the tenant in one unit had been therefore 10 years, thus the rental are below market value from comparables a these units rent could conservatively be rented for 600 600 and 525 boosting cf to 383.46, the first unit has lower ceiling also the one tenant who'd been there for 10 years complained of the first unit being occupied by gang bangers who sell drugs out the unit.

If you're not comfortable handling the transaction directly, your cost to dramatically reduce your risk is the 6% it would cost to hire an agent.  

Many tech workers start out in San Francisco to boost salary and establish themselves before moving to more affordable markets, he added.

However if the buyer doesn't want me to live there or since I am paying under market value for rent they may want to boost the price or give me the boot.

If you need to just build your fico, open some new accounts to boost your dti% and just analyze deals until the market drops and pounce with your new wisdom and credit built.

Varies dramatically.