Problem is that my friend wants to keep it in the family because his grandfather built it and he grew up there but he doesn't have the money to buy it.

I grew up in San Diego, CA, and real estate is a very popular topic in southern California, especially from 2001-2007.

Trevor, I grew up in this neighborhood, its not a terrible neighborhood, but I honestly dont see much improvement in the area.

Wanted to say hello and introduce myself.I am originally from midwest (grew up in  KS and went to school in MO) and been living in San Jose for ~5yrs working as an engineer.Here is my quick background story:My wife and I bought a 1br condo in San Jose about 3 yrs ago.

I grew up in San Diego in the '90s with my parents renting a 4 /3, 2400 sq ft for $1000/month.

I grew in a household with SFR rentals (and a duplex) that self-managed.

Finally you have changing tastes of millenials, who often grew up in suburbs but as DINKS prefer urban living. 

I am also a software engineer (now managing others) and grew up in upstate South Carolina.

Hey Scott, I own properties in Kitchener and also grew up here.  

Probably can sell for profit, but it may be on the market a good while.What I know about the seller is they grew too quick and are now scaling back.