Tim, I just signed up with Trulia and read your question. So I thought I would put in my 2 cents. There are great opportunities all over Merced, to pick up rental properties. However, the market is very challenging at this time if you are not a cash buyer. Mulitple offers are coming in fast and furious as soon as a listing hits the market. I am telling my clients to have patients because it is a frustrating time. If you have any question please call or shoot me an email. I would be happy to help.