It goes for about $400/year or $224/semi-annually and concentrates on pulling information from significant life events in specified areas, such as divorce, probates, FSBOs, tax defaults, foreclosures, mortgage defaults, etc. 

All I can say is there are more than 1 way to value a property, IE. by its gross income, location, comp. sales, Etc....What you are describing has happened as a result of multiple short sales taking place in a concentrated area and I feel has definitely caused somewhat of a bottleneck for prices to run up but should only be temporary....would like to hear others weigh in on this...best regards,Chris

People looking for housing that they can afford are being pushed out in concentric circles as they search for lower price areas. 

I have talked a little with these investors about out of state syndication but I am now concentrating on getting them comfortable in investing locally.

So my suggestion is to concentrate on building such track record while maintaining the relationship with your investors.

There are around two dozen other major industrial operations in the area including the telephone pole factory that smells like burning tar, the Purina pet food factory right across the highway from the elementary school, and the highest concentration of superfund sites and brownfields in the country.

As @Donovan Plummer requested, I will cite sourcesNo surprise, California has one of the highest costs of living of any state: https://worldpopulationreview....But, it also has one of the highest income disparities of any state:https://en.wikipedia.org/wiki/...Contributing to one of the highest concentrations of poverty of any state: https://www.usatoday.com/story...And more homelessness than any other state: https://www.usich.gov/tools-fo...But there isn't much room for government to help because CA already has one of the highest tax burdens of any state: https://wallethub.com/edu/stat...And one of the highest debt-to-GDP ratios of any state: https://www.statista.com/stati...For investors, it was ranked below-average in terms of landlord-friendly: https://www.visiolending.com/b...And, housing costs are one of the highest of any state, (making it very difficult to acquire properties that cash flow) https://www.businessinsider.co...I love California. 

I have been recently concentrating on the IE.

At your age I would concentrate on positive cash flow as opposed to equity growth.

@Ron Gallagher is right about the concentration of public housing.