Looking to buy an existing STR in Northern CA.

This method allows you to set terms that not only cover your existing mortgage payments but also provide additional cash flow each month.

Is there an existing lot and block description plat recorded with the recorder of deeds and accepted by the county? 

@Will Costello,Hi Will,The stats I've seen are showing about 50% of existing listings of homes for sale have price reductions.  

I have sold apartments in Columbus for 10 years. existing inventory in C and D areas are the same cost per square foot as suburban multifamily so I figured we have a shot at something and there's been plenty of demand.

Yes, you have to honor all existing agreements. 

They exist. 

The investor pool here is non-existent cause it's arguably the worst RTP(no pun intended) of any relatively big or known area. 

In addition buying an existing ADU has the following advantages over building one 1) typically pay less for the ADU than the cost of doing a hands off ADU addition 2) get RE purchase financing which is superior to financing that is specific to the ADU addition.  3) there is no delay between financial outlay and income when purchasing an existing ADU.  

Legislative advocacy is the reason industry associations exist and your association's effectiveness and reach is the main benchmark on which to evaluate them.