I would greatly appreciate feedback about buying real estate in the Bay Area.

I currently hold a staff position as a registered nurse working 36 hours (3 days a week).

Given the size of the transactions generally offered on crowdfunding sites, there aren’t enough secondary trades large enough to make the economics work systematically (besides the regulatory constraints) for Broker/Dealers to be incentivized to help LPs to redeem their positions via a sale/transfer to a new investor before the end of the investment period. 

With that being said, the subject property's PP seems a bit too high but before I go back to the broker to provide my feedback I want to ask anyone here if I'm missing something here.What do you all think?

And since there's no mortgage you might be able to find a modest rental close to you that will provide a positive return.It sounds like you are already under contract to sell your investment property.

You just won't really have a ton of positive cash flow right off the bat if you are refinancing at 70-80% LTV at today's interest rates.Multi family you can get both but those are tougher on the equity side of things since they cost more to rehab compared to a single family home.

I can check it out and give you some feedback on how to bring occupancy rate or ADR up or if the move would be to go a different direction based on the data. 

With helpful guidance i am all ears . but thank you again for your feedback no.2.

There are a lot of ways to potentially roll this back that are being explored as this ordinance was rushed through with very little feedback from stakeholders.

Quote from @Liam Alvarez: Hello everyone,I’m considering investing in a short-term rental property in Gulf Shores, Alabama and wanted to reach out to the community here for some insights and feedback on the market.