Shasta to the north is also getting some development interest because of the ski area, proximity to vast amounts of wilderness with all kinds of recreation.

Much of the federal land out here in the west is used as range land for ranchers, oil and gas extraction, logging, mining, military training, recreation and conservation areas, etc. so it's not like it's not being used.

I've done multiple deals for that amount or less, and I actively have clients working in that range right now too.In short, you get one primary residence. 

The pros to them are vast though, no cap on how many mortgages you hold, they don't show up on your credit report, the closings are quicker, the rates are competitive, we only require a soft credit check, no tax returns or employment requirements, and the seasoning periods a very short.

I do well in this arena  but the vast majority dont have the skill set to navigate it. 

. - cap rates for multifamily seem to be in that 5-5.5 range currently as far as I can tell, which has come off a bit since the peak on 2022, but are still lower than other asset classes.

I'm looking for something around the $700 price range (not including skiptracing/lead sourcing).What do y'all use?

The comps for a 1,200 sqft house in this area range from $250K to $300K, which would give me a minimum of 25% ARV after rehabbing the house.

So for vast majority of the history where USA enjoyed position as net exporter, innovator, world currency standard, it was NOT a title held due exclusively to the USA "greatness" as we are all force feed.     

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.