I was told that the Northwest area and the Southwest area were the highest in terms of rentability and desire for people to live at due to convenience to schools, stores, and nicer living.

The only common scenario where we’d recommend buying a condo as an investment is if it’s going to improve your life in some way (you plan on retiring there in the future, a kid will be moving in the area in a few years for school, etc.). 

I had 6 in Madison and they were stellar you get the crem d la crem of renter in Madison.. its the best school district so you can really pick and choose tenants have been so good there i did not need management..

However, if it’s in a great area with good schools I’d consider it.

So it's definitely possible to be successful starting out with a property like this, but you are signing up for the School of Hard Knocks approach vs. getting your feet wet with something in better condition.  

. - You are right, the March Prop 13 was just school bonds, I got it mixed up with a November Ballot initiative the seeks to repeal for Commercial Properties, that definitely include multi family housing, Prop 13.https://ballotpedia.org/California_Tax_on_Commercial_and_Industrial_Properties_for_Education_and_Local_Government_Funding_Initiative_(2020)Interesting how much money Michael Weinstein has been able to pump into Rent Control Measures, due to his foundation, that makes money by selling medicine for Aids.

My wife and I slept at my parents house the next town over and my kids at my brothers’ house because it was down the street from their school.

For contractor access, you use an old school 4 number or letter code box and leave the keys in there and only give them the codes.

Covet your thoughts. https://www.zillow.com/homedet...Purchase 105kDownpayment 25%Interest rate 4.2%Initial repairs/updates 5kWill need new AC and roof within 5 yrsRent 1100-1200 (sought after school district)

Old school with agitators and knobs.