Nationally, average house price is 5.7 times family income and as high as 11 times in Vancouver.There is a also a divergence between rent and housing prices as rents have not grown at the same pace (otherwise, folks whose income has not grown would not be able to rent either).  

(you are still gambling on appreciation, but the odds are good the rents are rock solid)If it is in National city, chula vista, vista, oceanside, etc..

Glad this thread is getting some action - I have also been eyeing Bergen Lafeyette, but was wondering about vacancy in the area, what with new construction & proximity to transportation pulling desirable tenants Downtown. 

The stronger the national tenant and guarantee the lower cap rate generally the developer can sell for.If I have to pick a smaller unknown restaurant local to  a market in expansion mode versus a national one I have to get a lot of concessions from the restaurant.

Good Morning BP Nation,So my partner and I recently vetted what could be a property that kinda becomes that "flagship" property.

I serve as the Chief Investment officer of Propark, a national parking management company based out of Hartford. 

the lender was "local" but worked for a well known/national bank and the deal details remained fairly consistent from soft quote to actual close.  

but it is definitely a national lender and comes with some of those headaches.I personally make my offers all cash with my private lender, but we do the paperwork ourselves after the loan closes. 

It is a five bedroom single family home in Washington, D.C. with views of the national monument. 

It is a five bedroom single family home in Washington, D.C. with views of the national monument.