Your money goes a lot further and you can ride the appreciation train in the fastest growing real estate/economic market in California. 

Don't forget, that will likely mean increased security costs.Back in the day (I'd guess the 1920's through 1940's), my dad told me how he worked for the Post Office, riding shotgun on the payroll delivery run.

Dig in and enjoy the ride!

So much easier to ride the cycles vs thinking you own a crystal ball.

It's well worth the plane ride to visit a new market and make connections.

The underneath part of the tower was rides.  

On a couple rentals I have, I'd let this ride all day.

@Harry Walker I don't want to go of on a rant here but modern day wholesaling (which is typically nothing more than assigning a contract) appears to have morphed into the new get rich quick plan for many or its the new way to get started in Real Estate with "no money down" so many people that I come in contact with and who on occasion attend my meetups want to use wholesaling as a way to get the capital needed for their first property.

The common phrase I've heard over the years is the best time to buy real estate "was 10 years ago".If you buy with cash flow and have financing that doesn't have a short-term balloon, you should be able to ride out any storm and be positive on the other side.

As a rule of thumb, if you're sitting at 70-75% cost  to value, you're in good shape.Buying properties like this should not be an emotional ride.