@Shivani Kumar With family that has a portfolio in the suburbs my observation is that the market is too saturated.

Here are a few very anecdotal personal observations: *Please note that there may or may not be larger market data that support/contradict these statements, and I am stating this only based on my extremely small sample size compared with the entire population, so please take that with a grain of salt  :)For our preferred price point, it seems that sale prices are generally outpacing rent increases. 

Even though there is plenty of housing (my husband rented an apartment that was in a mostly empty complex while we were house hunting), the area on Oak Street before Broad is turning into "luxury" apartments with rooftop pools!

I have been observing the community for a while, and finally decide to say "Hi" and participate :)My goal this year is to purchase two properties, and I am currently looking to build my team in Houston area.

Therefore, I can offer you my observations for consideration. 

A couple observations about how I balance:1.

Also, would you agree based on your observation that a lot of tenant led litigation are brought on by contingency fee attorneys?

Your numbers seem high for the price of the home as your costs are about where my last purchase was (going from memory) but my last purchase was $442K.The rest of your observations seem to be accurate for San Diego. 

Now I will finally have my questions answered too as opposed to just observing others' discussions.

Sigh.I'm glad I'm not the only one willing to admit to having observed this.These people and their children are trapped in the system.