What about in LA in general?

With mortgage rates close to 7% and generally soft homebuying sentiment, strength in existing home sales is unlikely to be sustained," said Alice Zheng, an economist at Citigroup.

Community banks generally have no seasoning requirements.  

The SPB and TI areas are actually generally not STR friendly and have 30 night minimums for single family residences. 

Especially in places such as the Hocking Hills and Appalachia in general.

You could do General Contracting where you'd need knowledge of all trades or manage a team of one single trade. 

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

I'm a contractor based in Maryland and DC, so the renovation aspect is well within my expertise, having done numerous projects for other developers and general contractors.However, I'm facing a challenge when it comes to choosing the interior design elements, such as bathroom tiles, colors, sizes, fixtures, etc.

Regardless of how a certain asset class is doing, an investor like yourself can ALWAYS find a good deal in any type of property.Now, my general suggestion for all of my CFO clients is the gradually move up the unit spectrum/asset type as you build up your portfolio.

I do my own Bookkeeping for my businesses and my clients and recommend him as a General Tax Accountant.