Why in the world I don't know, because a fixer upper a few blocks away just sold for 75K . 

I've been looking to buy an STR in the OC market since the beginning of the year.  3 beds, at least 2 baths, built in the 2000's with an elevator and pool, downtown or farther up, ocean block preferred, budget 400-450K.

When we bought our second home in Houston (2 blocks from the first house) the VA denied us due to its proximity to the first house.

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Plus new huge data center being built a block away. 1950's home moved to its location, where most houses nearby are slab 3-2-2s. 3-1 with an additional 2-1 350 sq ft attic conversion.

When I was first getting started, I ran into the "you don't know what you don't know" block where I didn't even know what questions to ask because I knew so little.Start going to local meet ups (they're all over the place) and tell people you're interested in learning more.

A busboy named Da'Shawn got blown away in the back alley trudging home from work two years ago (the makeshift memorial really brightens up the block) and the convenience store down the main drag did have that drive-by three years ago...the clerk (who I know) heard the shots, then a guy stumbled in covered in blood.and screaming, "Dey shot mah baby!"

A 100 unit apartment building is being built 1 block away, where a 1 bedroom will be $900 and its 5 min from the beach and university.This is how far I got with my analyzing.Thanks,

For beach properties that are within a few blocks of the beach, how often are you having to repaint the exterior of your house?

So I have ran into sort of a road block, I am a 20 year old real estate investor and I currently own 3 SFH.