Make sure to evaluate the property based on you not living there to make sure property is self sustaining and a good investment.

You would be correct that AirBnB investors are taking a hit at the moment, in some coastal regions this will be an issue but in Sarasota it won't be.

I think you will find the properties are much more affordable than what you are going to see in the bay area, and the economic and population growth of the city as well as the sheer space has allowed for the greater Sac region to grow over the last few years.I personally live in West Sac which I love because like you my family is from the bay area and its a quick shot across the causeway from my house than some of the deeper parts of sac such as Carmichael, Rocklin, or Folsom.As far as available inventory in Sacramento its pretty light and its competitive at pretty much every price point but with a good game plan and willingness to get out there run your numbers and find something you can make it happen!

Therefore I can only speak for the Philadelphia region.

This information comes from an attorney hosting a "real estate round table" webinar here in NY.Many folks are depending on their rental income to sustain their own families; the government has robbed Peter to save Paul.

In place cashflow able to sustain mortgage with development opportunities How did you find this deal and how did you negotiate it?

You'll see the regions on the right and those lead to individual states and specific areas.

I like it that you settling in to a region and within that you can hopefully narrow your search down considerably.  

@Rob Ferdinand since you have to make the full mortgage payment inclusive of principle I include it in full into cash flow models bc the key is to ensure the property is self sustaining with the debt you need.

I've been emailing and calling different lenders in the greater Philly region to cash out refinance on a property I own free and clear under an LLC.