I reside in coastal Southern California (Costa Mesa) and with the market here, it just doesn’t make sense for me to start my REI journey here.

Creative financing is difficult in Southern California.

According to a recent RentCafearticle, “Miami-Dade County is now the hottest rental market in the nation, as the demand for apartments in Southern Florida is stronger than ever, putting apartment seekers in a tight spot to find a new place to call home, due to high occupancy, low supply, and record-high lease renewal rates.”

It is fully built out, so there is no new residential construction to speak of, which also means inventory is limited to existing housing stock and we are seeing the 200k barrier breaking more and more often, typically in the southern parts of West Allis.

Slightly off topic here but looking for recommendations on credit unions or small banks that service small businesses well and also potentially provide DSCR financing.Was looking at Service Credit Union. Anyone have g...

@Rob Bergeron, I'm a Southern California investor with properties in Indianapolis, Philadelphia, and Atlanta. 

I take a cheap flight to Chicago ($200) and drive to southern Michigan once a month to buy cheap houses.

Since both he and I are in the South Bay Area in Southern California (Hawthorne, Manhattan Beach, El Segundo, Gardena, Carson, etc.)

I currently live in Southern California.

To buy a home for $1,850,000 (the least amount you will pay in southern Marin for a "nice" house, nothing great) even if you have 20% down ($370,000) is about $11,500 for PITI (at 6.5%).