@Jan KerrGreat job summarizing!

Bryan summarized it nicely, but I will add one more thing.

To summarize this point, the price to rent ratio on prime STR locations like the beach is not good (too high a price for the obtainable rent).Overall, I would consider San Diego STRs purchased today to be high risk and low initial cash flow (appreciation could help the cash flow over the hold period).Good luck

They may be mis-informed or just, summarizing for breveity and convenience to make sound bites sound good.  

To summarize, it is possible but you may have to shop around a bit - and Loan terms can always be negotiated, so be willing to give a little in order to get something in return.

@Jaysen Medhurst summarized it well with various deep rabbit holes you can go down, all different based on the local and state policies enacted.

Hi All,I am trying to gather problems and solutions we each encountered during our rehab/selling point, etc.The purpose of this post is to summarized it in one post for educational purposes.i would really appreciated your involvement.thanks

It would be great if there was a daily/weekly newsletter that gets email that would aggregate and summarize these analytics.I'm particularly interested in the Los Angeles market, as I know it is its own beast.

(fleurimont, which is the eastern part of sherbrooke). right now i'm paying 875$/month (nothing included) for a large 4 1/2 (new building) on thibault st. which is further from downtown but the property is much nicer. before that i was paying 675$ (heating, electricity included) for a 4 1/2 on rue Grand Monts. so to summarize yes the market is good for rentals and more people are starting to notice. triplex, quad, and 5-plex are especially attractive if you can get the right deal. there's a large ($100 million) project currently underway to transform wellington street's downtown core (link below). something to keep in mind, if you plan on buying near that area (can probably expect some good appreciation as the project progresses).https://www.sherbrookerecord.com/well-sud-project-gets-the-go-ahead/feel free to message me if you have any more questions about sherbrooke, i'm currently closing on a duplex (in sherbrooke) that i'll be living in next year, i'm actually just getting started in the real estate market here but i grew up in the area so i know it quite well.  

The loan processor can't just make up their own guidelines unless they are holding the loan.To summarize, you can get more mortgages but you may not be able to take advantage of FHA programs to do so.