[quote=earlyretirement][quote=spdrun]Here’s one condo listed at $125k that I saw last month, but didn’t make an offer on. HOA = $265/mo, 2 bedroom, 2.5 bath, decently maintained complex.

http://www.trulia.com/property/3105956930-3916-60th-St-105-San-Diego-CA-92115

There have been others.[/quote]

Just out of curiosity what does a place in this area REALISTICALLY rent for?[/quote]

Probably $1300-1450/month for a 2/2… This one in particular probably on the lower end…..There is probably more turnover due to the seasonality of renters in the area versus say MM… BUT it is doable me thinks in general.. Not sure about this particular complex, because haven’t researched this one in particular…..

http://sandiego.craigslist.org/csd/apa/3620289555.html
(wondering how I know, huh 🙂 ? )

But if you think it’s a great deal. It probably is..Because it’s contingent just like other things in this price range…

http://www.sdlookup.com/MLS-130001881-3916_60th_St_105_San_Diego_CA_92115

Good luck finding the same deal today…