I couldn’t agree more. I too wouldn’t own something I wouldn’t live in myself and it worked out quite well for me. At least I was able to sleep nights. I bought mostly in North Park and Hillcrest; nice areas with decent properties. For a short time, I managed a property for a friend, that was on 42nd South of El Cajon Blvd and had nothing but problems. I actually caught two tenants jumping off the second floor balcony onto mattresses they had placed in the courtyard.
Personally, I’m glad I got out when I did and while I’m still looking for other properties, nothing has come along that even remotely makes financial sense.
