Sometimes you can get OK rates and terms from local banks but it has been my experience that local lenders sometimes rely upon borrowers not knowing what regional or national lenders offer.

Account Closed  like all things its highly regional.. the OP is in LA  average home prices is north of 500k.you go to a Trustee sale ( no sherrif sales in CA) and its cash on the spot.. and there will be competition bringing oh 3 to 10 million per investor in cashiers checks that day... that's your competition.. its not like were you live were you put down a small deposit and have 30 days to close.. and you can walk from the deposit if you don't like it.. ( at least that's how it has worked for us on the other side of the state at sherrif sales I have personally bought). 

I'm sure a whole horde of people on BP could come up with a better list than me, but some that immediately come to mind are:1) Natural disaster2) Significant changes to insurance rates (see #1)3) Changes to state or city laws regarding fees, taxes and rates, code requirements, zoning, rent caps, tenant-favorable laws, etc (you have more exposure here being in primarily one city area as well)4) Changes to state or regional labor market, especially in regard to contractorsNow in terms of rental market shift exposure, I think a geographically-centralized portfolio can still achieve diversification within a large enough city or region through properties in different geographic neighborhoods, Class A/B/C areas, tenant demographics, and general rent amounts (high/medium/low in the market).Now whether those (unlikely) risk factors are worth giving up all the home field advantages you've built up is a lot harder to answer, but that's every investor's decision.

@Rahul Bhatt @Anderson Schulle @Mitch Messer @Amber ChenDo you guys have any information on EB5 Direct investment (Not EB5 Regional Centers) in real estate?

Amir Magar I work for a regional bank as an analytics professional in strategy and operations.

You may just have to search for smaller, regional banks rather than the big box ones.

Question for all you investor buyers out here in the Puget Sound region: What has been the biggest challenge you have faced in this sellers market the last 3 months?

I guess check CraigsList for a sense of availability and pricing by region. 

I currently work in the government industry, as with many that lives in the Sacramento region. 

For instance, job market is +4.5 in this region and -1.2 in this region.Thanks for any and all help!