In June, Reuters reported Asia-Pacific sovereign wealth funds, including CIC and Singapore's Temasek, which have been rocked by soured bets on western financial companies, are diversifying into the riskier arena of distressed asset investments.

I am with Don here, my son just graduated from Azusa Pacific with a degree in Theater.

http://www.reuters.com/article/idUSTRE66U0DC20100731

I like San Diego, specifically Pacific Beach party area.

That is especially valuable in the wet Pacific Northwest, where carpet would get worn down very quickly if tenants are not in the habit of taking off shoes when entering home (which we should assume as landlords).  

Electric gas and water were all on, gas and water meters were not spinning so Id assume no major leaks.The grass around the water spicket was 4x as high as other areas, so id assume it leaks or they left it on hooked up to a hose or something.I did not go in the house, but the electrical was breakers not fuses, wasn't a federal pacific box, those are the big issues with this area and its free of those. 

The 180 degree sunsets, with weather coming in off the Pacific, will bring tears to your eyes.

I just backpacked the entire 2700 mile the Pacific Crest Trail and and had a revelation.  

I use to live in the Pacific Northwest over in Oregon.

I increased my fix-up budget from $10000 to $20000 (hopefully a very conservative estimate but the numbers were still pretty good even at the higher amount) and managed to finagle about $5000 for repairs (two federal pacific breaker boxes need to be replaced and some roof work).All of the units are currently rented but... after I sealed the deal I was told that two renters are leaving at the end of May.