Panda said:I would also say that a distressed Condo, Townhouse, or 3/2 SFR in West Irvine would have the better CAP rate in Irvine vs a brand new house in Portola Springs or Orchard Hills which would have the worst CAP rate.
I guess any property in Irvine will cash flow if you put down 50%, but is that the way you want to invest your hard earned capital in real estate? I don't think so.
You should look at what Panda has to offer in Georgia. Its MUCH more appealing than Irvine.