Any smallerunits just make them equivalents of a 10 x15. 3 5 x 10's= 1unitAlthoughI am counting them all as the same, the reason, I say count by sizeis for when you build.Nowlets calculate "Demand":Numberof units needed (Step 1) minus Number of units existing (Step 2) =Quantity to build.Town1:500- 400 = 100Town2:300- 100 = 200Town3:andso on.Thiswill help you pick which town you have the greatest potential forsuccess.

There are also multiple military bases in the area so there is strong demand for LTRs depending on where you buy.Like every other market, there are absolutely some cons to owning here, but I've found these cons are "less so" than in other areas.

There is a pretty good demand for houses under $250k but most of these first time home buyers will need some closing cost assistance.

It will just temporarily reduce demand which is what the market is already experiencing.

You may want to look into some properties out here as rental properties go up in demand and price.

Hello all,Those of you who are in real estate full time now and left your w-2:Looking back, would you have left w2 earlier (assuming income wasn't an issue)I have a well paying W2 job but its very time consuming/demanding that REI is often on the back-burner.  

This does not include added value appreciation from the renovations and natural rental growth from stronger demand for 3bed/2bath units.  

Where do you feel that supply and demand fit into the equation? 

I find the extras don't matter in Los Angeles so much since there's so much more demand than supply.

You can do a 6 or 9 month lease to then raise rents when demand is back up.