Exception would be a buying whale, but they play the agent field too.Investors, by definition are cheap.

You'll reap the benefits efficiently if you play the long game.

Reasons why it turned into a value-playThe previous ownership group lived 3 hours away from the property and had a full-time property manager and maintenance man on site.

need to play the cards your dealt..  

Buy n hold is a long term play.  The

Keep it nice and civil, play the young and naive image (although hard to do that with a co-signer).7.

I am in Santa Barbara and looking to buy and commute as i dont have enough money to play the game here in SB.Been looking at Ventura area for a while but also so is very expensive.

@Thuy Pham-Satrappe, that's unfortunately the price to play the game.10% maintenance markup:  Maintenance should be expected, therefore I would argue any maintenance items should be covered in their monthly fee. 

Although this doesn't mean we shouldn't keep investing, we should certainly have a high cash flow margin to make up for the suboptimal equity circumstances we're getting into.This means most people who live in CO like yourself, or CA like I, shouldn't play the local property game!

This area is full of BAD people who know how to move in and play the system.