Hey @Ryan Melander don't forget property taxes.

I've lived in Memphis for 20 years (by choice!) 

@Ethan Atkinson @Eric Cross @Ryan Johnston Thank you all for the responses!

However, with family and kids (one toddler and one infant), it's unlikely to be of viable choice to us.

I read the article, which was informative and well-written, but I didn't see anything to contradict the idea that, if you used a home equity line of credit secured by a personal residence to provide money for your investment activities, you have a choice.

In Cali appraisers have no choice but to defer back to older comps no matter how far they go back or how far they have to navigate away from the area.BTW, FYI, This is also a very pervasive challenge for folks who want to purchase a HUD MH on a private lot or parcel surrounded by other SFR's in the immediate area.

Originally posted by @Tim Ryan:...but seem many LA people make big and costly mistakes.

Which reminds me, @Ryan Camenisch we should meet again outside the group *cough* lol.

@Ryan TortorichI get that you are indirectly paying the agents - yet the commission is between the seller and agent.  

This job taking up a lot of my time which i would rather be using to get me towards my goal of financial freedom of which real estate investing is my vehicle of choice!