On of the prime locations in San Luis Obispo for real estate is
Atascadero. Atascadero is only 18 miles for San Luis Obispo. It is nestled in the oaks and the hills. The founders of Atascadero wanted to develop a town where the lots were large, and the setting was natural. On the real estate front there are a large number of "fixure uppers" that can be had at bargain prices. If you are handy, you can fined a custom made house with a one acre lot. When the market turns around, which I start see starting later this year, you will make instant equity.
To find these diamonds in the rough, please go to my web site www.myslohomefinder.com Also you can call me at 805-550-3395.