Focus on wealth preservation more than growth. 2.

Ultimately, our short term would be to rent it while having the option for my wife to live in the house while she is in school.I've done research into LA and Anaheim and the RTV doesn't seem very favorable to me even though everything else looks good such as economic, population, and job growth. 

Any growth from rehabbing to get rents up is a bonus earned by me.  

Lastly, buying Class A, and Class B assets in major metropolitan areas does come with long-term appreciation growth as well, so that's an added bonus. 

Secondly, unlike Mexico or the Dominican Republic, Costa Rica doesn't have mass tourism as a result of a decision the country has made to limit the growth in development and tourism.

Huntsville was being mentioned constantly because of the new growth projected to hit the city.

His way of avoiding any task we need done.

It will be a challenge to achieve the same returns with lower growth, higher exit cap rate, more reserves and lower leverage.It's possible if fire sales begin but I don't see that happening on a broad scale, more likely 5-15% reduction in price/25-100 bps of cap rate expansion depending on the market. 

Also, what does the rent growth look like in your area?

I haven't delved into the details yet but I have it on my radar for this week's landlord tasks. :)