[quote=SD Realtor] Are you in for the long run or is it a short run deal? Are you going to live there for awhile, and then rent it in the future? .
(…)
Regarding UTC, I think there is still room for downward pressure in that entire area. True there is alot of demand there for a variety of reasons. There is a heck of alot of employment within 5 miles of the area as well so it is not just students. Still though, as far as investments go, to me it does not seem like the right play and needs more time to cook. [/quote]
SD R, see my answer to FLU above. It’s complicated. So yea it would be a rental, but we’d compromise to get something that we’d be happy to have our mom in. It should still be cash flow positive of course in the time is rented to others. We won’t buy until next year and for long term. I happen to like and know UTC area, so does my mom. I live in UTC. My mom doesn’t drive so walking distance to grocery store is crucial. I am also keeping an eye on some small Carmel Valley condos like Carmel Pointe and Del Mar Villas that would fit the bill.
