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.

Hello, if you must live in San Jose, I'd say renting makes more sense, especially a 2.5M house for 5K a month.

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.

Happy to share some of my OOS investing experiences (got started back in 2021 as a OOS investor living in San Francisco). 

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

I ran into a similar issue back in 2021 when I got started while living in San Francisco.

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

Going from a $232K purchase to a $575K sale is no small feat, especially with a full excavation of the foundation and reframing involved.I’ve got a buddy who tried something similar outside San Diego last year.. he had to reinforce the entire property with a new slab and rebuild the interior layout from scratch.. definitely not for the faint of heart, but his final sale price turned heads in that local market.

So far, I’ve only invested in stocks and the idea of investing in real estate seems somewhat risky to me.Kyle, A couple of years ago, the Federal Reserve Bank of San Francisco released a groundbreaking research paper called "The Rate of Return on Everything, 1870-2015".