[pierstroll]

Yes, wife and I will do 1 or 2 in the next month in socal. We buy and hold for the long term appreciation.

Big time investor talking to countrywide about taking 300 units in San Diego county at 70% of today's market value. He plans to flip them. I'm waiting for info from our title rep. Caution, a lot of open rentals right now. Anyone buying may have to settle for lowball rents for now.

[Porterville]

I love the beach areas... but the place to buy rentals are in the Central Valley near the college towns.... a lot of cheap buys where rent can double cover the mortgage.