We get about the same out here in the San Fernando Valley.

-Madison proper, and the nice areas of Huntsville (Jones Valley, Blossomwood, etc) - simply because the numbers don't work well in these areas, limiting rental supply

The boom bust cycle of silicon valley is always a treat.

We have one property that rents for over $2k that we bought quite a while ago - it is in a prime Jones Valley location (35802), and would sell for way over 350k if we ever decided to move it.$250k will get you a rent of around $1500. 

Also to sacramento/central valley area.   

At least that is what is told by my city manager in Moreno Valley, CA.  

Purchase price: $205,000 Cash invested: $50,000 Sale price: $349,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Wall Canyon Ct, Sun Valley, NV.

I'm a 25 year residential real estate agent/broker in the Lehigh Valley. 

But these days, looking at various Silicon Valley tech companies, most leadership positions are still held by those with master's degrees, but mostly master's in particular fields, such as Master's in Engineering in a reputable university. 

He already owned a bunch of prime RE  Napa valley TAhoe etc and had zero debt before this event..