Source: https://www.eldoradocounty.ca.gov/Services/My-Property/Vacat...Also, this El Dorado County vacation home buffer map is helpful:https://see-eldorado.edcgov.us/portal/apps/webappviewer/inde...

I personally also factor in a location where it is easy to have someone that help me remotely source the deal, rehab it and then manage the property all under one shop. 

He really likes us and has a hard time saying no to us, I am exploring alternative sources for financing some of our flips and STRs.I saw an ad for PrivateMoney.com - the Headline says Hard Money is for suckers.

You'll need maintenance people, inspectors, agents to show the property, etc.RentRedi doesn't handle any of that.Regarding finding a PMC:Recommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

@Chris Seveney I worry that this operator will source the heir before it goes to tax sale. 

Another benefit is you can enter the market sooner with a lower cost of entry( down payments 10-15%), helping you scale and make real estate a full-time income source sooner.

Consider the cash flow timing - you'll recognize that gain in 2026, and unless the QOF does a cash out refi in the next few years, you'll likely need to source the cash to pay that gain from another source. 

Thanks for sharing this information and especially the source.

And of course, hours of devouring content from bigger pockets and other sources. 

There are sources to refer you to.