But my market is notorious for bad PM companies.

In fact, STR's are notorious for their STR's getting robbed of their televisions and appliances and this occurs even when the STR's have electronic door locks.

Like you said, if your lender is notorious for their inability to close, then the pre-approval letter is worth toilet paper. 

What market you are buying in matters, only because some markets are known for notoriously low appraisals (Atlanta was like that back in the day).

Military facilities are notorious for being contaminated with various chemicals. 

Refi and get you're money back out.6) CA (bay area) is notorious for boom and bust, it's not like houses go up for ever, they come down at some point in time.

I am in the San Diego area and the housing market is notoriously expensive here.With housing prices that are quite high at the moment, is there a way that one can make a traditional loan in a manner that would be appealing to a seller as compared to cash?

That street is notorious for foundation problems.

Of course, depending on what deals become available, I would definitely consider doing multifamily, but I'd prefer to start with single family unless something jumps out at me.I've thought about this a lot, and here's a list of the advantages/disadvantages that I've assembled:Pros:     - Higher demand during the school year, meaning likely far more consistent vacancy rates (the main reason I thought about this idea at all - I like consistency)     - If it's a fixer-upper, I'll have the entire summer to work on it as my parents live close to the university, and any remaining work I can do in my free time during the year since I'll be living there (Just a general advantage of house-hacking)     - Allows me to get my feet wet with investing while still pursuing my degreeCons:     - Depending on the area, much higher vacancies than other properties (assuming, of course, the months of June, July, Aug, and Dec will be vacant, so a vacancy rate of 33%)     - Since it's a small town, there isn't a large supply of homes within walking distance of the university (currently 2 on-market being sold) - although last year's foreclosure auction suggests that that may be an abundant avenue to locate deals     - This town is notoriously a party town, so rental properties here may be more prone to getting trashed, although this doesn't seem to be an issue in any of the properties currently being rented that I know of, even in the bigger houses that host parties nearly every weekendI could also consider purchasing properties within ~5 miles of campus, so not walkable, but more than reasonable driving distance, although they will rent for less.

Airbnb is notoriously pro-guest, so who knows why in this instance the review was removed.