I currently live on the west coast,California to be exact and am actively looking to invest in a long term rental property.

The path of progress is more west of the river in Lexington.

The numbers the first few years don't cash flow that well (damn PMI) so I'm currently letting that soak in and trying to model out what numbers make sense.I also bought my first 2 unit property out in the West suburbs so have about 1.5yrs of experience as a "removed" landlord (property is about 45mins away from downtown).

@Gary Reven I’m originally from Toronto and now living in West Palm Beach area.I know it’s common to have basements in Toronto used as rental space, but curious as to why you would do a basement here in South Florida?

I am west coast and not familiar with the area.

The average investor on BP doesn't understand the IRR, and that's another answer.It's a hypothetical to gauge average investor mentality on this platform, and to assess whether SFH is simply the investment vehicle that is available to them in one way or another, or if there is more depth in the thought process that goes into the SFH portfolio investment in mid-west/rust-belt states. 

Hi BP fam, I'm wondering what DOES and DOESN'T work for door-knocking in hotter, west coast markets (Vancouver, Victoria, Nanaimo, Comox, Duncan, etc., British Columbia).My purpose for this questions is to 1) Personally knock on doors that Id like to purchase, and 2) coach my realtor buds the same winning strategy to do it for me. 

Property is a gut rehab and is located in the West Pullman area.

You either have to go to neighborhoods that arent as 'hot' as culver city, pasadena, west side, etc. and you have to create a deal, whether that means adding units, doing STR, raising rents, whatever. 

Remember that end unit prices are increasing 10%.Year 5: Sell rezoned land for at least $5.5 M or partner with a large developer and make an extra million on top.These numbers at approximate but I can guarantee many people did exactly this all across the West coast from 2011-2017 and made insane returns.