Vallejo or Sacramento?
Hello Everyone,
I've been looking at rental properties in Vallejo and Sacramento for over 6 months now and can't make a decision. Where do you think makes the most sense for the long-term?
In Vallejo, I can get a small single family home that would pay for itself and maybe cash flow a bit. In Sacramento, cash flow seems more likely as I can get more home for my money (and possibly a duplex). Vallejo seems better positioned to catch appreciation with its close proximity to the Bay Area market. I am cautious about Sacramento because I know the underlying land is not that expensive and any property I purchase is susceptible to being undercut by developers. This is my dilemna. I would love some clarity!