Sometimes, the best deals you make, are the ones you don't.Joe worded my sentiment perfectly but I wanted to add, in times of increased risk such as these, investors should be accounting for the elevated risk in their offers. 

s general sentiment that SF and Seattle are probably near the end of their appreciation boomAnd fundamentally this is my main point :) The area I'm going for may be a nice mix of both IMO, but probably not EXTREME cash flow or EXTREME appreciation.

Commercial deals have slowed up as the general sentiment there is "wait and see".

I agree with sentiment that investors care about what you bring to the table.

I work with quite a few California investors who share the same sentiments as it’s priced to high.

I agree with your sentiment though, my first property(s) should probably be within close proximity and then move to other markets as I get comfortable. 

https://shermantx.org/news/app...Plenty of power, water, land and it seems sentiment for industrial development that other cities don't like.   

Meanwhile Local helps your later sentiments of increasing the desirability of the neighborhoods that you share with the homeowner.

That seemed to the be the sentiment of the tenant pool...

;) ;) I tend to agree with this sentiment, this is a seemingly easy time for new investors but they don't realize how many tailwinds are helping them and how much pain they will experience when those tailwinds slow.