As to your cap rate question, I want 10 or better and that is difficult to find in CA, only in the not so good desert areas can you accomplish this from my experience.A bad PM can certainly kill your investment, but in a large multi family syndication deal, and with a solid operator, PM can be on site and controlled in house, reducing these risks.

If a property is livable and not in an incredibly deserted area I think it would be near impossible to have a residential property go 6+ months empty.

I have 1 property in Palm Desert C.A. this will be where i will be investing most my time and money.

Or "cool-season, desert winter range"?

Hey everyone, I’m located out here in the High Desert, cito of Victorville.

Australia is a giant desert you can only live around the edges so land is very restricted naturally.

Kitchen in the Desert 

@Ben Leybovich Bro, I don't think you understand what it like cruising a cycle in the desert heat.

I am used to the desert life from living in Las Vegas.

About 5,000 years ago, the Sahara Desert was lush, fertile farmland.