If I were starting over in your market, I would 100% focus on house hacking in San Diego.

Hello I am a new wholesaler and I picked up a deal just outside of 1604 near San Antonio that I believe is great opportunity.

Quote from @Ellis San Jose: You are making erroneous assumptions.

Thanks in advanced,Eric@Eric Lowe I don't know if the cost is different in San Diego, but the two companies I know here in Florida charge roughly $2,500 for a SFR Cost Seg.

Water in San Diego is real expensive.  

In my opinion, you can make as much money buying cheap houses as you can buying expensive homes.Affordability is an issue for a lot of Americans so I will argue cheaper cities performed better over the past 10 years than more expensive markets / houses.San Francisco, CA, Seattle, WA and New York, NY are considered expensive markets.If I look at Zillow's price estimate for homes comparing 2016 and 2024San Francisco - Average Price of home was $1,145,000 and now its 1,262,000(Increase of 10%)Seattle - Average Price of home was $561,000 and now its $848,000(51%)New York - Average price was $561,000 and now its $766,000(37%)Memphis, TN, Indianapolis, IN and Clevlenad, OH are considered cheaper markets.Zillow is showing more appreciation in these markets over the same time periodMemphis - Average price was $73,000 and now its $149,000(104%)Indianapolis - Average price was $107,000 and now its $225,000(110%)Cleveland - Average price was $54,000 and now its $109,000(101%)Population increases and job growth are two indicators that result in appreciation.Two of the cheaper markets listed above(Memphis and Cleveland) are not increasing in population.

I had a friend in San Antonio who learned this the hard way.

I am in the San Jose area, and I am wondering if there are any good investments out here or if I should invest out of state.

In my OOS sales days  selling Portland Oregon investment props to San Francisco based investors.

@Francisco PineiroYou could call a few home inspectors in the market you are investing in and see if they do draw inspections so you know the items are correctly done before sending funds