Run the numbers.Here's a post by a person in OC, looking at his options.https://www.biggerpockets.com/forums/55/topics/436840-real-estate-interested-from-orange-county-caTerry

He eats bananas and oranges and throws the peels all over the grounds and common areas.

I think Orange County California may be a little different than a lot of areas.

Graduated with a BA in Psychology from UT..Go Big Orange!

Here's an example of my market in Orange County (SOCAL): Average sale price has just hit over $675,000 county wide.

Try to get something as close to the orange line as possible if you want to get the highest rents and young professionals.

I've been researching this niche market for the past two weeks, both through books, podcast and online articles, and feel there is opportunity in this class.I'm finishing up a book called "Deals on Wheels" and find the asset class very, very interesting, and will be meeting with a local investor in CA who has been in this space for years and is willing to share his thoughts with me.I started considering this asset class in California because the housing affordability in my area (Orange County/Southern California) is running at about 18%. 

I preference is to buy out of state because it is virtually impossible to buy anything  around here in Orange County CA that will not be cash flow deep negative without putting down a boatload of money. 

Do you have any resources in Orange County that are familiar with various cities down there.Thanks for all the info

Orange in a similar unit.