LOLI would slot "knowing your market" at number 5 (before deciding your niche) and also at number 8.  

Definetely sellers market with inventory lacking and the ground being broke on the stadium/hotel/casino/commercial center at Hollywood Park.

@Michael Slot - You can offer to pay an agent for a BPO (Broker Price Opinion).

@Anna Fuchs I would be ok with it, because I know that HUD used the 2+1 rule, meaning 5 for a 2 bedroom (doesn't matter the makeup of the family) Sounds like s lot, but with them not there all the time.

I suspect the casino lobby has been quietly lobbying to shut down short term rentals.

Misc. micro-economic variables impacting that area (casino being built, government agency transitioning into the area, etc.) 

My property has a casino going in very close by (just broke ground).  

I'd like to take out the mortgage under my name because I have residential fannie mae slots open on my credit (haven't hit 10 properties yet), and the interest rates are lower.

I use some of the real estate income to finance other investments like buying gold and silver, buy 2 ATM & 3 vending machines, raw land for private park slots & learning how to raise capital for more real estate and a business.

I don't see an upside, it sounds like gambling to me, and I hate flushing $$$ into slot machines.