Chasing foreclosures is a big concern in California and some other states.

Quote from @Joseph Gozlan: No, California laws kill California malls...Here in the Dallas metro, retail is thriving!

How do you buy a property one day for 40k put nothing into it and sell it for 80 the next day.. some one is getting screwed :)  I get the math I get wrapping the notes my family had a company call CA Wrap we did hundreds of them .. now they were on vacant land as we were in the land bizz and this is much more aligned to the land business than buying homes and selling to owner occs.. 

diversification and cash flowSan Jose, CA has been very appreciation heavy... and i'm not opposed to keeping some property here, though the multi-family / commercial real estate has very low cap rates, and low growth from what i'm seeing.

Does anyone know of a group or angel investors who would invest up to 5M to fund a luxury 6 room micro resort in central coast wine country in California? 

We are seeing big increases in HI because of the natural disasters in FL, CA, etc.

Hi, Jorge - My MTRs are in California, too, and we have exceptionally high bills in the summer time especially for AC usage.

Both California and Texas have pros and cons.

Los Cerritos Wetlands Oil Consolidation and Restoration Project (California): This project demonstrates how public-private land swap arrangements can be aligned with environmental restoration goals.

I sold my company to a national PMC named PURE,  they have a large footprint in California and are always looking for people at most levels.