I am thinking about starting a Commercial RE investing mastermind group in the Southern California area.  

I live in Southern CA and find that hard to believe.

Hi, I am noticing the HUD lists and Forclosure sites that claim to have free listings then when you sign up it says they cost $1 and then my cc will be charged ranging from $30 to $50 a month depending on the site.  A...

The main problem in Southern California is just the sheer number of houses here.

The quoted section down below was contained in a Morgan Stanley review that someone posted on BP recently (can't find the link), featuring the thinking of some large institutional investors that are considering the Buy-to-Rent model in places like we invest in the midwest/south.Cities such as those in Ohio are high on the list of expecting to see large capital appreciation just from the simple convergence of distressed prices back to non-distressed levels (Cleveland +73%, Columbus +54%, Atlanta is at the top of the list at +85% appreciation from convergence; interestingly San Fran is 4th at +60%.).So given that these SFR properties have cap rates of 15+%, and have this opportunity for appreciation, I think places such as southern Ohio cities present great opportunities.

Phoenix as example is a hot market right now, but not OH, PA and IN in most of towns.So yes it goes up in southern states and no its the same in rustbelt.

In Southern California you can expect the same types of pricing in many cities.

Lake Shasta with 365 miles of shoreline, on the coast we have the Redwoods, in the central part of the state there are beautiful wineries, there's the bay area, in the eastern central mountains there's Yosemite, then the valley with hundreds of thousands of acres of prime farmland, and southern California with beaches, amusement parks, sports teams, cultrual centers, etc.

Are there any Investors Clubs in Southern California?

Also does anyone here know if any REITs in Southern California that specialize in apartments?