Way too much gambling/luck aspect to it and even when you win for the year the tax rate is awful compared to long term gains. 

The asking price is 300k...Portion of sellers pitch:“Enjoy VIP status as an owner and 28 days a year of stay.

I think you will really enjoy it. 

Enjoy! 

As far as what I do, I am a funding specialist and work closely with real estate investors to raise capital tax-free by using a specially designed holding account that grows your money between 5%-10% of interest and when it is time for you to pull the trigger on the next property purchase, you will enjoy a much lower lending rate of 3.5% - 4.5% on time for their next property.I've been doing this for 9 years and have worked closely with real estate investors for the last 4 and a half.About my future goals, I am interested in partnerships with other investors within the local area (Bay Area).

I get to screen for the most qualified (and nicest) tenants and it makes my job easy and enjoyable.

I recommend finding a great buyers agent that enjoys working with buyers.

He also gets to enjoy California's low property taxes and high appreciation which has worked well for him. 

It can be tough but that is what makes this forum so helpful you have seasoned pro's to help.If you ever have specific questions feel free to reach out I enjoy helping and talking REI.

The other 80% of the mortgage is paid down every month by our residents who get to enjoy living in the invest property.