Pick a vibrant market: When choosing a market to invest in, you should consider all the market elements, including population patterns, the local economy and rates of employment.

Let's meet at 6:30 pm, Saturday, at:RoVino Restaurant + Bar2034 Kettner BoulevardSan Diego, CA 92101-1777After the dinner / drinks, we can stroll the vibrant Little Italy area and maybe enjoy some live music on the Piazza.Please reply here if you will be joining as reservation capacity is max'd at 6 people.Here is my number so that you can locate our group: 360-820-5712 

My goals regarding BiggerPockets are to create and participate in vibrant communities and learn from those who have traversed similar paths ahead of my wife and I. 

With property management, it would probably be a little below your expectations.There is lots to like about the area, vibrant downtown revitalization essentially complete, people moving to get close to the activity, vacancys rent in less than a week in our $750-1000 price range.  

It's a vibrant neighborhood, and houses immediately facing the park tend to command a premium, especially if there is off-street parking.

Inspired by this thread here: http://www.biggerpockets.com/forums/223/topics/152...I was just pondering what I personally spend a month on food..I looked at all my credit card purchases for food/snacks/drinks (only those where chase sapphire gives double points, likely underestimating it a bit) over the last few months and I got:~$1000.00/month!

@Chad Miles- Welcome to the vibrant BP community.One of the tenets in life that served me well so far is to manage from the head and not the heart.With that said the potential tenant is trying to set your expectation because he knows fully well that his credit is an issue.I would look to the next applicant and frankly prefer to have my place empty until the most qualified applicant shows up.Good applicants are like a bus....sometimes you have to wait a while, but, there is always another one coming!

@Austin WarkWelcome to the vibrant BP community.

@Chad ChandlerWelcome aboard the vibrant BP community.

@Michael CavitoloWelcome to BiggerPockets, a place to interact with a vibrant REI group, learn the real estate business and language at near zero cost.