I say look at the numbers, don't just look at returns too, take a look at the economic numbers and see where you think the growth will be. 

Other due diligence you should perform would be regarding the location, economics for the area, etc.In certain markets you may not be able to get 1% (NYC).

I get 1 lawsuit from Detroit landbank, and a lot of violenciens from the city, for ex i had a tenant growing mariuana plants in my basement, and a lot of other stuff.Now i finded a new PM that has everything under control, and its working fine.So a lot of headeache, but it was worth it, and i also bought 3 houses in Missouri and now the first in Chicago.I only read 1 book, and did not find out anything, just bougt and hoped for the best, which is kind of stupid and i payed the price, mentally and economic.

California has a housing crisis.

One way or another, they are building their net worth.My recommendation is to choose cities in safe and economically diversified areas with above-average income and population growth.

Hi Merri, I recommend choosing cities in safe and economically diversified areas with above-average income and population growth.

The Olympics in and of themselves are usually not an economic boon for the host city, but in this case, LA is pushing hard on several public transportation and infrastructure developments ahead of the 2028 wave of visitors.

If you enter into a "contract" to buy a property from the seller that you have no intention to perform, you are in fact trying to buy the economic equivalent of a "free" or, in some cases, almost free option to purchase the property from the seller. 

Having said that I bought this property about 14 years ago, and it has not appreciated at all, it went down during the 2008 financial crisis, and now before the pandemic it had come up to about where i Bought it. 

Sometimes full remediation may not be economically feasible, but It gives you peace of mind.3) Know Your Property DemographicWhile knowing both your area and property are equally important, understanding your property demographic has a direct impact on the potential success of your investment.