That will be a determining factor for where it makes sense for you to purchase.Regarding waiting - bear in mind a lot of people were predicting rates in 2024 would be in 5% range or low 6s, which didn't turn out to be the case.

Thank you for the comprehensive reply Frank!

I am looking to stay in the 250-350 range.

By then market rents moved up to $1,150 - $1,200 range.

Hello All,I am looking to buy Rental property SFH (new build homes) , in range of 550k-660k 2200-2660 sft.I scotted Roseville, RanchoCordova and Elkgrove.Rancho-> Has many new builts and cheaper compared to other areas, at same time many rentals available . 

Might be worth considering in areas closer to central san diego for more options especially if you want to be around $1M range.

Most of the time, you’re looking at prices in the $150k+ range to get that kind of rent.Additionally, the economies of scale really do come into play when it comes to comparing single family vs. multifamily properties.

Do you want a company that will keep the long-range investment objectives in mind or one that focuses on today and today's profit alone?     

Quote from @Rajagopalarao Paidi: I have not seen any deals with this much spread like rehab+pp/.75, is this still valid and expected, because I have not come across any in this range  Hey Rajagopalaroa--Agreed--I don't use the 75% rule. 

Perfect for anyone in a small place or who doesn't want to fire up a range.