Ha, ha. Funny flu. No doubt, Carmel Valley is quite pricey. We looked around there when we were buying our primary and I just couldn’t justify it compared to some other areas.
I do have to say it was VERY convenient and close to the beach which was great. Once I’m an old fart, I think it would be an easy place to be retired.
Absolutely I totally agree about most investors not wanting to sit around a few years with 0% to 3% gains. That is about what I figured as well unless you get lucky doing shorter weekly rentals to tourists which I have seen some work.
But we already have many rental properties working for us so I feel like we can take a bit of a gamble on CV. We’ll see how it goes.
