Otherwise, you'll eventually run out of money trying to invest only in the Bay Area (FYI: I live in Berkeley and also own rental properties throughout the bay).If your goal is growth/appreciation, make sure you focus on timing your acquisitions with real estate market cycles so you're only buying at or near the bottom and you're adding signicant value by rehabbing.

We have a website, we are on Google with Adwords, (spent $700 on that last month) we mailed out over 1,500 postcards to vacant houses and houses that are coming up for tax sale, we have an ad on craigslist, and yet no deals. 

my guy charges about 3k labor for regular/large size bathroom last one I did was about 75 sq.ft.

Stories: 2Year Built: 1984Lot Size: 6.14 ACAPN / Parcel ID: 3-29-00-058.02Last Verified: 3/18/2016 Highlights Over $250,000 Invested in Capital Improvements in the Past 24 MonthsSeveral Units Completely Rehabed with several HVAC/Appliances replacedUpside through Rent Increase to market rate, Improved Management & adding new unitsWell below Replacement CostCash on Cash Return : 25.31% (I do not know how they are getting this number)Internal Rate of Return (IRR) : 23.22% (I also don't know how they got this number)DescriptionValue add opportunity for a new owner. 36-unit, garden-style apartment community built in 1984, the property contains 5 two-story and 1 one-story buildings encompassing wood exteriors and pitched roofs.

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If you would like to be added to my investor data base I would like to hear from you.  

Does not need to be large.

If you are first time investors, you do have to get comfortable with the idea that you will have to trust someone else with a large asset: managing, renting etc. 

Be sure to sign up for the weekly webinar they contain plenty of information for both the newand experienced real estate investor Make it Happen Steve

Also, ground rents are extremely popular as an investment and many people still pay hundreds of thousands of dollars for large packages.