I live in Southern California.

In Oregon there is no mechanism for private developers to float bonds to pay for infrastructure.. its one reason why Oregon never grew as fast as say CA .. and other areas.. 

;)Anyways, I recall speaking with a successful syndicator in this area who invests in Oakland CA (and elsewhere in the state - true, Sacramento does not have RC - but has high exposure to rent control) and asking his opinion.

We in Phoenix, on the other hand, are greatly benefiting from people running from CA, another great socialist state :)

Think Los Angeles or pretty much all of California for that matter.

I am seeing a lot of product from New York and California lately with rising Cap Rates...I know the rental rates are high but what is happening in these states.

Originally posted by @Steve Cohen:@Wesley W.if you serve someone a three day notice and after three days you start the eviction process and they make a deposit into your account. it will avoid the eviction process and you'll lose out on the money that you spent with the attorney and have to start all over againSteve, I had the same concern because I allow my tenants to deposit rent into my bank account, but I confirmed with my (very experienced) California landlord-tenant attorney that it's actually not the case. 

New Mexico falls somewhere between Washington and California for being tenant friendly.

I'd suggest investing in Southern California, if possible. 

We currently live in Los Angeles, CA where as most of you know is tough to find good investments at a decent price.