Don’t focus on appreciation, it’s icing on the cake.

You can look into Buena Park, Some parts of Anaheim, Santa Ana, Garden Grove and San Clemente.

Contrary to popular opinion.....you can get into the Orange County (SoCal) housing market for under $500k.... for $250k or less you can buy a 1+1 in Santa Ana, Lake Forest, and Anaheim ...sq ft is usually around 500-600.www.coastalhomeseekers.com :lol:

Investing is hard enough as it is.It's not a cake walk.I would counsel you to continue to build your capital,continue to "watch" your market like a hawk, and be readyto pounce when you see something good.

Don’t let seller have their cake and eat it too.

If it doesn't happen then icing on the cake but if it does it is par for the course and not a shock to you.    

Remember, the gurus make wholesaling sound like a cake walk...it isn't.

While receiving a W-2 the loan process was a cake walk.

until we know the back ends of those deals we are left wondering what they were thinking when all along a 5 to 7% return to them means millions.. so in reality a hedge fund could drive rents down if they wanted to as well.. just to make sure they have the best tenants and their properties are full and they are still doing quite well. raise rents and really cash in.I agree to fully round out a portfolio investors should be thinking about upside movement of the value... the quote " appreciation is icing on the cake" while a nice sentiment is really I think a poor philosophy to follow... one needs to either force appreciation buy in an area were appreciation takes you for a nice ride,, or were rents can move up dramatically in a fairly short period of time those are the only ways in rentals one is going to make any kind of real money.Although what some would think is a reasonable return on investment and risk others would not be happy with...

I did this with my Anaheim SFH, which allowed me to buy an investment property in Indy and my primary residence in Honolulu.