It's around $1800, yeah it looks like a bad one, but I'm betting on future tech companies (apple, google) to bring more positions to the city and appreciation might be able to cut it, but I could be totally wrong though.

Some of my less-known favories are Money Magnet and 52 Homes in 52 Weeks.

However, you are doing a similar apples to oranges comparison, but for a particular section of town. 

@Adam CelentanoYou are comparing apples to oranges when you're asking about investing in syndication versus buying a rental yourself.

Primarily because I’m a fan of Apple, but I’ll use Lightroom and a bit of Photoshop when I help my wife cull and edit her photo shoots. 

What you are trying to compare is apples to oranges.

For example we don't have any "application fees", etc.Know exactly how much you need to close and how much you will spend for the money by the time you expect to exit....compare apples to apples.

Note any differences, because prospective tenants certainly will.What I'm getting at is the low rent and higher rent properties may not be an apples to apples comparison,and to get the same rent it's more likely if they are very similar.That plus the current low rent tenants may not be able to handle a huge bump like that, so you will need new higher earning tenants.Good Luck!

The property is in the high desert (Apple Valley, Ca).

@Mike Chu I’ve invested in Apple Valley with some success.