The stock market is very volatile nowadays, and I seen a lot of people making a mistake of keeping  short term money in stock market ... let me just say they are not happy with that decision.This is just my opinion.

The folks that could make money nowadays are only those that have repair crews to rehab properties or the bank that supplies the debt.

For Example, nowadays with the COVID-19 Many Syndicates stopped distributions.2.

The people you see working on the large erections of steel at a petrochemical refinery and nitrogen fertilizer plant.I personally don't put an Xbox or anything else like that in mine, but all my HDTVs are Smart or they have a Roku or a streaming BluRay with adult movies. 

Pools are $30k+ or so nowadays though, I wouldn't know about his ROI.....? 

Lots of people are upgrading their homes vs buying new, so there are lots of brand new leftover materials selling at half price nowadays in bigger markets. 

Jacob Irving The market is tough in SoCal similar to San Jose as others have mentioned .Definitely a speculative /development /flipping market nowadays versus a buy and hold cash flow market .Those that are doing well with rentals bought years ago before the big run up in prices or they inherited properties from family and have them paid off so they can live off the cash flow .You’ll want to have enough money for reserves to pay for maintenance and repairs and not be stretched to thin.I’d focus on earning income and saving .

In Florida, it's very hard to find nowadays anything worth buying under $100K

I am trying to understand where the best investment areas for rental income in Sacramento are nowadays. 

So to answer your question, with not ocean front, and a minimum of CoC of 20%, I would offer 125k with all those repairs and nowadays for contractors and rehab time costs, and uncertain times with ocean front competition, this is a NO deal for me.