My friend has a 2bd 2ba (866 sqft) condo in Mira Mesa that she rents out for $1440 to Sec8 tennant. These prices are getting interesting. I’ve been looking for 2bd 2ba unit for around 70K that rents for a $1000+ with HOA under $200. There are going to be a lot of good deals out there in the near future. There will be some risky, but highly rewarding deals for units with HOA problems. You will find that a lot of condo conversions from 2004-2007 with most units under water and with serious HOA problems.
