Santa Barbara County, Ventura County
Santa Barbara-Ventura areas are some of the most expensive in the US,,,you may find something is the Oxnard area but I doubt it,,,,,As for having the numbers work in Santa Barbara-Venture area they will not at the current pricing of property
Look over in the San Joaquin Valley you could find something there,,I hate to be a downer on this, but that was one of the reason we moved out of that area
@Daniel Jodrey . I know everyone will have a different opinion on this, but I think that you need to look at the numbers for a primary residence and an investment property a little bit differently. It will probably be very difficult to find anything in Ventura or SB county where the numbers work as a strictly investment property. My wife and I bought a primary a couple of years ago with a studio in the back. Although the studio does not cover our mortgage, the money that we are coming out of pocket every month is less than what we were paying in rent when she first moved to this area. To us, this makes sense, even though we do not have "positive cash flow."
Originally posted by @Daniel Jodrey:
I would like to find someone who is experienced in HUD homes as well as Auction homes in this area.
Unfortunately, Southern Santa Barbara County does not really have any properties that actually go to auction, nor do we really have any REO's or HUD homes.