After being a landlord of 4 doors for years, my wife and I decided on selling our property in the insanely hot Colorado market, and we set out on a road trip to find our new home.

I am selling my 2/2 condo in San Miguel de Allende.

A Stanford study revealed that over 75% of the ADUs built in San Jose between 2016 and 2020 did not have a permit and are therefore illegal housing units.The lengthy permitting process, high construction costs, and shortage of tradespeople are some of the factors motivating property owners and contractors to take on the risk of building, renting to tenants, and/or housing family & friends in an illegal unit.

... it's tough, and the amount of stuff thrown at you is insane, that's why lower income rentals I say is a very sink/swim, and majority of the people sink because it's LEGIT HARD WORK.Thanks for posting this on behalf of the another similar, grumpy landlord who has been there, and done too much! 

I purchased a 3-property portfolio in San Antonio (13 units) for $465k from a wholesaler and got a loan on them for $510k because the lender also cross-collateralized my WA properties (without paying off the 1st lien) and used that to cover all of my cash to close. 

Are you insanely stupid?

Other areas would be north of SB or even in San Luis Obispo.I'm in the Tahoe area in Nevada and there are some good opportunities in Reno and Carson City. 

They both have their benefits, however if you're self employed you may not be able to take advantage of the top reason to invest in Japan, which is the insanely advantageous bank financing. 

I have no personal interest in owning anything in FLA  I like doing deals for others but not own and especially not build.. time lines for permits are insane there at least they were, maybe that has gotten better..

But when I started self managing in my units in San Diego, it wasn't terribly difficult.