I’m exploring the idea of buying a vacation home near Yosemite, which I also plan to list on Airbnb.

Will you continue to buy in that neighborhood with your next purchase @Teslim Salami?

I would recommend you look for a good neighborhood to buy a multi family in.

If you can take that and buy a 2-4 unit property and live in one and rent the others, with the aprox $110-120k you are putting down you should be able to be in a good position and make a much better rate on your investment.

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

😊In other cases the ambiguity made it almost impossible to buy and insure. 

I am interested in buying the house and renting it out. 

Quote from @Chris Brewer: They’re actually asking more for the property that’s just the number I think I can buy it for.

We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.

Start saving up and buy your first place.