Go to the web site below and get my Free Investing Book. I would be more than happy to show you homes. You can also search homes at the site.
If you put enough down to have a neutral cash flow from the outset then with the anticipated increases in rents continuing for the foreseeable future you should end up with a positive cashflow down the line... and the appreciation could well be significant.
The key of course is timing. Whatever you decide do not put yourself in the position of having to sell in a specific time frame because if the market takes a downturn you want to hang in there.
Your question is too broad for definitive answers.
Dudum Real Estate Group
Having lived in that area for 20 years, I can tell you that it was great; lots to do, close to it all, and very desirable.
If you want more information, call my home office in El Sobrante and talk to my Broker.
Mike Rowland, 510-222-9150
His PROFILE is also on Trulia.
Good luck and may God bless