We are not tied to a particular coastal market, since we understand that certain areas have higher taxes/fees/regulations/hostility to STR/flood insurance/etc. 

I would exit the California market due to the tenant favorable laws and regulations and the risk of long term population loss in the state.Be careful about paying off mortgages to increase cash flow - it may make you more money to refinance and reinvest to increase the number of units. 

Nobody seems to be talking about WEST SACRAMENTO but my clients and I are focused heavily in this small area because of its close proximity to downtown but also low regulation since it's a small separate municipal government - it's not even in Sacramento county, it's Yolo county. 

https://www.rentspree.com/blog...Landlords and property managers are approved by FCRA regulations to legally review a tenant’s credit report (with consent) for the sole intention of determining an applicant’s qualification to rent.

That's when the regulations were put in place. 

They're currently trying to work with Congress to ease regulations on them (That are in place for a reason) because they are maxed out on margin but still trying to loan out money. 

@Mike Wesling @Marvin Herman It seems Branson is good place for vacation rental, only concern here is regulation risk from the city?

There are hundreds of hotels and resorts, with better location due to city regulation. 

What the does the below regulation mean?

Quote from @Chris Mason: It's not 2021 any more, at this point most things you can make up out of thin air, some lender will do.The question is if you want to pay the corresponding rates and fees....Very true, especially since the DSCR space isn't regulated.