The other factor is neighborhood.

But appreciation rate can vary widely from market to market depending on what state is this years flavor and what billionaire is moving some factory to where.  

Unfortunately in a market like San Diego, the driving factor is much less about what makes sense for an investor, and much more about what makes sense for someone trying to get into something in an expensive market. 

@Amanda Thompson no one's brought up the point of an investor expecting a discount due to 15 units.Another potential determining factor is what Class of property/tenant are these?

Previously was a suit factory then a bowling alley that was run down and was not interested in selling alcohol (major issue for a bowling alley) finally a bingo hall, just not a bustling industry demand for bingo. 

Originally posted by Joel Owens:I guess the important factor is the investment club a non profit organization willing to open the books and balance to zero every month or is it an organization trying to make a monthly nut??

Another factor is the take home pay you currently get from your day job.

I went with Wealth Factory to be more efficiently guided.

The Texas freeze doesn’t do us any favours wrt sheet good supply as resin factories all shut down and many received damages.

If purchase decisions are based on the fundamentals and performance of a property, without appreciation being a factor, I personally believe Moncton is still a viable market.