Like I brokered a 22  lot development of duplex's for a builder and just charged him 30k flat fee per sale.. they sold for 225k each back in 05 when I did this and I sold them all in one weekend at a big event i paid for in San Jose CA.. all to CA investors it was my fly and buy program I did in those days..

We are currently renting in San Diego, CA. 

Quote from @Paul Dashevsky: Just finished my SB9 and ADU project in Los Angeles (San Fernando Valley).

From a tourist standpoint we found Lucca, Italy; Amalfi Coast, Italy, San Sebastián, Spain, Bilbao, Spain, Sliema, Malta; Have fun researching.  

From what I've seen (especially in markets like Phoenix and San Antonio), it's often a matter of alignment rather than luck.Make Your Property a No-Brainer: ALE primarily works with displaced families - think floods, fires, or other home damages.

I remember back when I was ramping up my own rental portfolio in those early-2000s San Diego days, I learned the hard way that ignoring “little” costs..like that termite treatment or the property manager’s onboarding fee..can turn what looked like a sweet deal into something that barely breaks even.Let’s say you pick up a property in one of those under-the-radar neighborhoods in Omaha or maybe on the south side of Chicago..markets I’ve seen a few colleagues dabbling in lately..you’ve got to be ready to get real about the numbers.

However, I'd recommend discussing this with a knowledgeable mortgage broker to confirm the specfic terms based on your lender's guidelines.I once worked with a client who had a similar idea in San Diego.

So, people do what those wanting to live in Manhattan or San Francisco have been doing for 60 years, splitting rent on the “pad”.  

Purchase price: $1,400,000 Cash invested: $400,000 First tier beach property on Cape San Blas.

I know how you feel coming from California, I used to live in San Diego.