Cooking Italian food, playing drums in our church worship team, book in hand with toes in the sand, spending time with family and grandchildren.

This place has been a rental market since the 60's and with the refineries and other industry here...we are pretty recession proof. 

I have been going their since the 80’s and staying in condos well before Airbnb was a thing I don’t foresee it going anywhere. 

We are located in a seasonal coastal community.

I'm old  :(I was suggesting that North County, specifically Escondido, should be okay vlaue for the $ as when most people get sticker shock from "San Diego" they're looking coastal, or actual San Diego and not far out east, or far north where it's not so crazy.I'm big into investing OOS but I accept it's not for everyone. 

If your theory is correct, the wealth accumulation of the Walton Family, Bill Gates, Warren Buffet, and others of the 2000’s and prior would have prevented the eclipsing of Bezos, Zuckerberg, Musk, and others.

We do not see low-hanging fruit here in LA and in coastal markets, but savvy investors with the right team are creating great deals all the time in LA even today.

If you lived in the 70's and waited until rates fell...you would have waited over 20 years.  

Those percentages are calculated on gross rents (gross revenue) and would be typical for a building say from the 1960's and newer. 

With regard to single family homes, carports are more commonly seen in older homes (1970's and older).