Be careful with tenant quality in San Bern and Hemet - there can be some rough neighborhoods in those areas

Where are the properties, as you mentioned, appreciation has been very steady here in SATX, but depending on the area/neighborhood, that train is far from out of steam.  

Hey BP,So one of the HOA's that I own a rental in is trying to pass an amendment limiting rentals to 20% of the homes in the neighborhood and all tenants and leases have to be approved by the board of directors of the HOA.From all the research I have done on BP it seems like if this passes I am SOL, and probably will have to sell. is this a correct understanding?

So basically my question to everyone is do you guys think that I am in over my head buying in a F neighborhood with 11 units, and my first purchase ever?

You will NOT see appreciation in Cleveland.....but you WILL see CashFlow.  1%Rule you can find in Cleveland in your sleep WITHOUT knowing what you're doing.....look hard in some C Class neighborhoods and if your timing is right you'll get 3% rule.

And I get it, I don't want to live in a neighborhood that's full of Air BnBs but I certainly like staying in them in other places. 

They're not in bad neighborhoods either.

As for Vegas it has been highly ranked for multi-family transaction volume.

The issue with PayNearMe is that new users of it must have a minimum of 200 units or some number in that neighborhood.

Louis for 10 years, so I know many of the neighborhoods.