Any thoughts on where to invest - either other parts of CA or other states?
You're either not looking hard enough or not knowing where to look. Good deals are for closers. No doubt it's slim picking, but you can still pick if you have the right network. With that said, I'm still buying in the Bay Area, but this will likely be my last year of accumulation.
Yes. I'm currently buying apartment buildings in the Bay Area. It's slim picking now. 2013 was the last year for picking. Things got really tight since 4th quarter of 2013. This might be the last year of accumulation.