Good blue collar working neighborhoods, wealthy coastal areas, and retirees.

Definitely share with the sheriff the situation with the tenant (guns and drugs) if it comes to a set out.You clearly what him gone but long term paying tenants are the things that real estate wealth is built on.

I am new to the business and I am aiming to get into the buy n hold strategies to build long term wealth. I

Subsequently, I am in the infancy stages of the "practice" of real estate, and most interested in learning the process to build wealth. I

Texas is where wealthy California investors go give back some of the profits they made here in CA.

They seem to be very conservative and focus on avoiding getting beat too bad by the market vs. helping your get wealthy.

(FYI, becoming wealthy is a benefit to humanity.)

The reason is simply supply and demand ... if there an abundance of high paying jobs and it is generally a desirable place to live, then many wealthy people will pay a premium to live there, and they will generally prefer to live there long term and favor owning over renting ... this is reflected in the market pricing. 

Riding on his coattail, I was able to attend exclusive meetings and lunches for wealthy individuals, who have liquid assets >$5MM.

I want to be a very wealthy person.