Kendall,Since you asked, here’s my story.Thirty years ago, in my mid-20s, I made a life-changing move from the San Francisco Bay Area to Ohio.

I am also open to considering opportunities in the Riverside / Five Points neighborhood, or San Marco, in Jax.Ideally, I would like to find a livable property with 3+ beds / 2.5+ baths, make use of FHA to purchase, and rent out 2+ rooms while renovating into separate, complete units.

Hey @Francisco Javier Villanueva,Glad to see you looking for events to get out and meet the people who are active in your area! 

Quote from @Marc Zak: In the market where I live (San Diego), appreciation has been strong and many predict it will continue to appreciate in the long term.However, with current interest rates (6% at best) and property tax (2%), the annual cost burden is 8%.Am I correct in saying that appreciation has to be above 8% annually (plus whatever my maintenance and vacancy costs are) for me to make any money in this scenario if the property is cash flow neutral?

I’m also new to San Antonio (investing from out of state) and share your enthusiasm for diving into real estate.

I have a building on the outskirts of San Antonio, but it is considered San Antonio as far as a physical address.

I have some family in San Antonio and grew up visiting often.

Norcal, Bay Area, Sac,SF,San Jose

If San Diego wasn’t in CA that’s where I’d live.

Based on your goals, I’d recommend looking into Memphis, Little Rock, and Oklahoma, as well as Houston, DFW, and San Antonio.Memphis, Little Rock, and Oklahoma offer affordable entry points, strong rental demand, and slow, steady appreciation.