Prices are still very cheap.

, because you it will reduce your repais and capex expenses for the next 30-60 years.The problem with cheap houses is that the only source of income to pay for both capex and repairs is cash flow - after you have already paid for PM, vacancies etc.

A lot of cheap MUs do pop up in hemet which I’m not too interested.

The housing stock is so cheap that it makes it much more challenging to find qualified renters.

Aaron Guadiano another added benefit of wholesaling is sometimes you get deals that need hardly any work and are in good areas...when those pop up I like to get a quick private loan or hml and keep those for rentals...I’ve snatched up lots of rentals with a lot of instant equity that cash flow really nice which is hard to do in California and if you have the property locked in cheap enough there will be people in line trying to loan you the money.

Cheap stinky greedy little bastards that will throw you under the bus if they can make a dollar from doing so.

Look into marketing and wholesaling - Fairly cheap barrier to entry and can build capital pretty quickly.2.

Unfortunately these areas are also going to have higher operating costs in terms of vacancy and repairs, so you will have to walk the line of making sure the property has a cheap enough price to rent ration, but isn't in a bad area that eats up cash flow in other ways.

What might be "Cheap" due to NYC and NJ Comparables might be overpriced for Buffalo.

Also, living in a high cost of living area like Hawaii makes it comparatively cheap to travel to other locations like since your dollar goes much farther.