The difference between an average deal and a good deal are marginal.

While there are different areas with varying qualities, most locations have potential for investment.

Well, that's why I started this thread.....I noticed the difference right when I started my search.

The permit timing and nuisances depend on what part of San Diego county you are in, whether city of San Diego or different parts of the county such as La Mesa, for instance, where it took me quite a bit longer to get a permit for an ADU conversion than it would have taken in city of san diego...I'm 3 weeks into construction.Good Luck!

Maybe do a tandem approach and depending on your location and price points etc.Nurses mostly get a daily stipend to spend on housing [some have the employing agency pay for the housing] what I found is that even though on average nurses get up to about $180 per day in daily rental stipend - they do not seek out to spend that much and look for cheaper housing - the kicker is it seems that they get to keep the difference of what they do not spend on rent and pocket the difference.So I put my lisitings on Airbnb sometimes as weekly, mostly on as 30 day rental [to keep in compliance with various city, HOA and local laws.So lots of different strategies to go and to keep your options open for all sorts of travelers  that we can not even think of, so expand your criteria.

Their service costs a little money, but you have access to plenty of different templates to choose from.Hope this helps! 

We're targeting a few different states. 

Different loans have different seasoning periods - so you'll want a nonQM loan with low or no seasoning and that will still allow you to use the higher of the new appraised value vs the original purchase price.

Especially in two different states. 

The increase in interest rates follows a similar pattern as the one seen between 2004-07, however I believe that there is one major difference that makes today's market less likely to see a similar surge in delinquencies: a lower % of variable rate mortgages (Figure 2).