Locations considered a low income census tract - have no income restrictions (This is what they are doing away with July 28th)On 2-4 units - can use rental income from other units to assist in qualifying for the property.

The days of the 1950's where you bought large tracts of land in AZ or FL and subdivided it and start marketing it in 6 months are over........Way over!! 

Detached Garage with Second Airbnb UnitThere is a small tract of land on our side yard that really makes more sense to be in our lot.

Does anyone know of where I can get hold of current and historical data, preferably on a census tract level, of demographics and employment trends?

Imagine a site where you can show population trends, job growth, age of workforce, etc. on a singular map and narrow down to census tracts that you want to invest in.

The volatility numbers don't factor into the score, but they're there so you can see them.I also included other metrics of importance (though, again, they're not a part of the score): educational attainment, industry breakdown, and building size makeup.Finally, I calculated the US and MSA averages of every metric and gave each data point a percentile -- so it's pretty easy to digest everything once you've found your bearings.

Well, technically it didn't go away, the homebuyer just can't earn more than 80% of census tract median income.

Most people couldn't digest the process.

Go to TNG group, they advertise as hard money lenders hear, go to radio broadcast, you will have enogh to digest, it is good information for southern cali.

Thanks to everyone for the great responses, I'm digesting every bit and reading up on the rest.I have another question, I had refinanced my previous residence with a 15-year mortgage, if I decide to rent it out, would it make sense to refinance it now for 30 years to improve my cash flow prospects?