Regarding your lender pool, are you going to residential lenders that happen to dip their toes in the water of DSCR?

That led to uncovering significant water damage throughout the first-floor unit's bathroom, forcing an immediate renovation.

I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).

Delaware Water Gap is more of a weekender, but can work.

A "total reno" can mean it's all original and very outdated but livable or it can be an absolute disaster with foundation issues and sewer and water problems.

They were never particularly nice, beach cabins on stilts with rattan furniture that usually had water stains from wet suits.  

Lot had the dry stream water flow going thru the middle.  

They are my favorite, because they are cheap and snap together higher, which better protects from splashing water.

great alternative to small time investors with limited capital.. doing 20 though would be quite a bit of work.. selling coaching has basically zero liability when you start to manage investor capital your liablity goes up a ton in the unlikely event of a water landing..

Water in San Diego is real expensive.