The Market Analysis tells me where to invest, the strategy analysis tells me how, and the Plan tells me when.Every decision is based on the number 1073741824, and the two Golden Rules of REI:GR #1 - Under no circumstances, for any reason, no matter who tells you otherwise or if what appears to be a great deal that isn't part of the plan (at that time in the plan), never, EVER, spend your seed money. 

if you have 1.8-2.3 million you are golden.  

Put in the application "tall people only", and u are golden. 

At the end of the day if we can make 12% we are golden.

@Minh Le  thanks for the kind words, but finding cheap money is like finding the goose that can lay golden eggs. 

Sellers typically do not care about BP investing calculators, they have the golden goose of a property, don't you know that?

Plus, even if neither property appreciates and we make the same cash flow over 30 years, once it's paid off the one in California will easily rent for 2-4 times as much, so the Golden State wins again!

This string is golden! 

Here is my 2cents.I strive to follow the "golden rule" in every aspect of my life, whether it be business or pleasure.

I had just about ruled out any type of investment in CA but looking at comments here, it seems like there are still opportunities in the golden state.