For LA they basically bought most of the water rights many decades ago and own almost the entire Eastern Sierra run off/snow melt.

There is more long term development coming that will shift a lot of energy out to the eastern part of the metro area, IMO.Yes, small multis are hard to find.

Check out Albany, Western MA, Central/Eastern PA, Central CT.BRRRR will be more productive, but take more work.

Miss the heat and long summers, though :)Spent a few years with family in Eastern Oregon (not my place at all) - then transferred into the University of Oregon. 

Looking for reputable transactional funding and hard money resources for deals in north NJ, central NJ, and eastern PA.  

I am finding some in eastern D.C. and towards Baltimore but nothing around the northwest.

(Gross rent divided by purchase price).If you're doing that well on a new construction build, you will be in great shape.Many places in the north east (think Boston, NY, lots of eastern MA, etc.) can't touch the 1% rule, and here you are beating it by quite a bit on a new build. 

I read Rich Dad Poor Dad and I kid you not, 2 weeks later we had our first fourplex under contract in Eastern Arizona.

Have read some non-real estate related books about World War II and post war Eastern Europe.

In eastern culture, most businesses are conducted with large amount of alcohol.