Martin it is not like the Bay Area. 

I have 1 rental in Viera (wish I bought more 2-3 years ago) and my parents have 2, 1 in Melbourne and 1 in Palm Bay.Looking around it still seems like Palm Bay has opportunities for lower cost buy and holds, though its hard from South Carolina for me to tell.  

But I was born and raised there so it was just natural to invest were you live.. and of course any of us who bought Bay Area RE in the late 70S and 80's there is no denying it was one of the top 5 places in the US to invest vis a vi appreciation. 

., the Bay Area wasn't to there liking anymore, I don't know why, they got to live in a nice home and good area cheaply and I understand made a few bucks renting out rooms.

Parks in our neck of the woods sell for 4 to 7 caps  Or just about as much as paul is paying for the whole place we pay that amount per space :)  and then there are Socal and SF Bay area parks that are off the charts in value. 

I ended up calling a few people for advice and my parents mentioned that they were quite happy with their latest rental acquisition and that seattle wasn't as hot as the bay area (at that point) but had the makings of a strong market. 

Aloha White LH (478-640) Toilet – Dual Flush by Glacier Bay (215-583) Vanity – 24?

Jordan,Nice to meet a fellow real estate investor/future broker from the bay area.  

My family and I live in Capitola, CA (Santa Cruz County / San Francisco Bay Area) and started by investing locally, doing rehabs on forclosed SFRs. 

We will definitely be buying in the Peninsula which is notoriously expensive (I've begged an pleaded for the BF to consider the east bay but he says N-O, he's a surfer has has to be by the water... traffic... blah blah blah) I'm considering a live in fix and flip, you can find property for $515-$560 as is with similar properties selling for $675+ turn key and we're both handy so we will be doing most of the labor on our own.I'm also drawn to multi family properties and a live in buy and hold, with us occupying one unit for a few years.