Convention visitors is down 3% (-100k people)Vacation visitors is down 1% (-180k people)Gambling profits up 4.5% (+ $100 million to $3.3billion)The average room rate is actually up (barely) although the revpar is down barely. 

But the landlord can except it as that if so chosen.

I have been researching a few different strategies and I have chosen to go with the BRRRR method going forward.Reason being I have a big family and I don't think house hacking is ideal for my situation.

We are wanting to stay close to where we live because we have chosen this route and property manage ourselves.

Although this is probably not something we would be interested in ourselves, I can pass his information to another investor depending on what information I get back from the County.My wife has chosen to work as a realtor under Malkin Properties, LLC in Ventura. 

Mostly chosen by previous owners.

I think Toscano has been on the market for multiple years and it is unfortunate if they still have "new" homes for sale.San Luis is a great place to live, but you will be taking a sizable gamble if you are looking for future appreciation in the near term.  

@Andrew Brown,That's a financial decision you'll have to make for yourself.Depending on appreciation is speculation (read: gambling), not "investing".

The gamble with a rehab is that you will sell it for a certain price when you complete the work.

For now, since my brain has chosen to retire for a short while, someone with the knowledge please enlighten me of what it is I need to know moving forward.