There are no upfront costs so why not establish a relationship with someone who actively represents real estate investors and move forward with vetting your ideas.Best.

Their focus on attracting higher-end guests may reduce potential issues.

Some of the condos here have extremely high condo fees. 

Are you able to reduce your expenses quickly and easily if needed?

Highly recommend partnering with a local realtor who knows the market. 

•If there’s high competition (many active rentals in the area), you won’t be able to price at the top of the market since tenants will have plenty of options.3.

Building on existing land helps eliminate the issue of land scarcity, which is a significant challenge due to California’s high real estate prices.

However, the cost-effectiveness of such a mandate is highly questionable, and the resources required for compliance may be better spent elsewhere.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

With high home prices, rising mortgage rates, and intense market competition, securing a property has become increasingly difficult.A recent survey found that over 60% of real estate agents reported instances where Gen Z buyers lost out on homes due to delayed decision-making, missed appointments, or hesitation in making offers.