[quote=AN][quote=spdrun]flu – Decent area, but would prefer NOT to send people there at present since it appears to be a bit off the radar :)[/quote]
Not where flu would be considered decent. Some people think south east SD is decent :-D.[/quote]
Ahem, AN, some “southeast” SD neighborhoods have better, bigger homes (some streets with great views) and bigger lots than your typical MM neighborhood of the same age (30-40 yrs). And these areas are no better or worse than same or similar MM ‘hoods. Nor is the tenant quality.
spdrun is trying to buy a (SS) condo in the $100K range. At this price range, beggars can’t be choosers. You either want the 7.5% cap rate … or you don’t. If you don’t, then try to buy the same size/age MM condo for $100K. And … good luck.
I think your “friend,” flu will tell you that those days are long gone.
But of course, you know all this already. You are there.