@Ashley Roush no it’s not; please brush up on your fair housing.

Lower prices result then collapse.So far, most major vacation markets show steady growth or static level visitation.

Do not buy anywhere if the state or metro populations are static or decreasing.

the homeownership rate is at ~65-66%, and pretty static. 

It takes only a couple minutes to fish and run a brush through.

and you have to make sure the first lender will let you keep the loan in place.. there could be tax advantages of owning the real estate.. most likely you will have repairs and tenant turnover etc so your income wont be static. 

If the population continues to increase, prices will continue to rise.When the population is static or declining, the existing inventory is sufficient to meet housing requirements and prices stagnate or fall, relative to inflation.Rents follow prices.Higher prices reduce the number of people who can purchase, increasing demand for rental properties and increasing rents.Lower prices enable more people to purchase, decreasing demand for rental properties and decreasing rents.So, when it comes to selecting an investment location, the critical factor is population growth.

Thanks,Lori5678 Sage Brush RdCarrollton, TX214-000-0000 

I tend to think of my short-term rental occupancy numbers as static and the nightly price as fluctuating.

I haven't brushed up on my CA electrical code in a while but kitchens require a min of five dedicated circuits, which will probably render the present wiring useless.