I am trying to be super carful with these deals and cant really afford to pay out for an appraisal and then the property fall short of the loan criteria which intern leaves me in the hole and no loan.  

There are a lot of great t opportunities in this area for sure. 

Thank you Adam T.

Fundamentally, to the extent of my knowledge, the Bay will still thrive and grow for a long time to come.But the question of: "Is the cost of living in the Bay so high compared to the rest of the country (maybe historically, or just the affordability index) that it is now a very attractive option for a ton of people to start moving elsewhere?  

Professors, military officers, and some foreign business people fit into this category.B Class: Solid working class renters who are on the edge of being able to afford their own home.

@Larry T. is quite the wholesaler from what I gather.

How are they affording the rent?

Currently, I live in San Francisco, I am happy with where I live and rent my home, and I cannot afford to purchase a property near to where I live and work.

@Linval T. thanks for the great resources, I'm going to check out some of the blog posts you linked.  

I have no credit or income issues, just can't afford the 20% down payment in such an expensive market.