One weeks rent normally pays the entire months utilities.Unfortunately I am the maintenance guy, the rent collector, property manager, sales & marketing, concierge, family counselor, etc. for all the properties. 

Over the boom of the last 3 years with prices doubling plus a bit, they've gone up to todays sales prices of $165-185, average days on market, 61.

When the outer neighborhoods have +30% appreciation yearly it is the end of boom cycle.

So the neighborhood is positive.Second, I believe there is a shortage of apartment units in Los Angeles, despite the mini-building boom. 

It’s a troubling time for many citizens when we work so hard to get a chance at the American dream and boom a person dies!!

My brother in law is a contractor there and has been for 20 years and he gets around just fine. but you take no more precaution there than you would in better parts of south side of Chicago and look whats happening there.. its booming.  

East Cleveland has also done very well and is IMO going to be the next boom!

Make sure the construction cost is lower than buying an existing structure it usually is but in some markets if Seattle is stealing all your good contractors because of their booming market it could be. 

That place was a boom town from 1950's thru the 90's.

Is SF’s Economic Boom Over?