We're not talking about an influx of unskilled laborers... we're talking about extremely intelligent nerdy folks that live or come to California that have enabled the state to consistently lead the nation in innovation and new technologies.

Schwab has some tool like their intelligent portfolio that you can use for free.could also roll it into self directed IRA and invest it in real estate....but I like the diversification of having some money in the stock market.

I truly think if you look intelligently enough you can find the numbers in most states people have mentioned. 

Some want your money, others just want to sound intelligent. 2) Listen to people who have been through this RE correction/crash a few times and profited or lost from it.

Most people are not super intelligent and they will steer you the wrong way.

There are a million ways to expand your intelligence.

The intelligent answer to this question is always the same; LEVERAGE.

You can have all the marketing and advertising in the world but if you're not the valuable agent/realtor guess what, the vast majority of people will do some level of research and they will stumble upon a person who has years of experience, expertise, and they intelligently think "hey, this is serious, it's a lot of money, let's be smart and get the best person we can find on this not just any old person". 

It is a complicated real estate market and a more complicated world which requires more creative and intelligent thinking to move ahead.

Maybe some of the intelligent lenders like @Michael Facchini or @Zack Karp might know.It would make sense to me that you could for sure use it on a multifamily since it's still a primary residence and residential.