When prices are low, more people can afford to purchase and fewer people rent leading to static or declining rents.The city requirement for rising prices and rents can be summarized as follows:Significant and sustained population growth.

That zip code is a good choice because of the airport.

The region’s airport infrastructure, corporate relocations and cultural development continue to bolster the city’s global profile.

Or, if you put several Class D tenants in a Class A four-plex, what do you think will happen to the property?

I was wondering if Icount on appreciation and if so, would investing in Merced or/and Bay Area Silicon Valley (like best schools in Fremont) still help to diversity between ETFs like QQQM/VTI and RE or are you recommending just keeping it all in ETFs?

I only ever met the Broker in person once, by happenstance in an airport in California.

Already approved but early in the process are a large enhancement of a secondary airport (brown field) and the midway rising development which includes a new arena, retail, and residential development.

Class A, B, C or D?

@Adam Copley "leave out expensive projects like a roof, windows, or major mechanicals that still have useful life (for a rental)" Better wording is stay flexible on these big ticket items if you pivot to a rental.

.- 10% down- Pick term that both:--- Leads to properties cashflowing for you--- Covers seller's PITI payments- 3-5 year balloon (or longer)Highly likely your offer will be rejected, but keep checking in with agent every 30-days.Property has been on market for 87 days and seller will only get more motivated as it sits longer.DO NOT GET EMOTIONALLY INVOLVED WITH THIS DEAL!