Canyon Country......3 bedroom house.....rents for about 2200?
But, in West Los Angeles? Mar Vista to be exact? 3 bedroom home.....rents for a minimum of 4000/month!
We talk about it all the time with purchases. BUT, it doesn't just mean for your personal residence. It means for all your rental properties as well.
Location, location, location.....ever important for ANY real estate purchase!