Its always good to have plan A, B and C as an investor as you never know what can change your scenario at the last minute.

The information is about what happened in the past and once people read those, they start to flock to those markets, making it more competitive.I would create a list of wants in a market and then narrow down.

Then, if you are able to narrow your search to a few specific areas in the Sacramento region, an analysis may be ran to compare past appreciation of those areas.

The lower value / class rentals while are more challenging to manage also rarely bring out the cash flow you thoughtIn my B and A rentals I have had very little issues or challenges.

Then we can borrow against some of that equity which is another reason that narrower margins may still be worth it.

I am an investor based in Fairfield County, CT and just rejoined BP after many years away.
From 2005-2011, I got up to ~150 units in SF & MF both rehab & new construction, Class B & C, but (regrettably) s...

It wasn't until I narrowed my focus on ONLY ONE THING general contracting that things fell more into place...My advice is to educate as much as  possible and find a niche that you can dive deep into.Meeting in person is where I found some of my best friends and mentors in the space.  

Operating Expenses:Consider all the costs of running a B&B and event venue—staffing, cleaning, maintenance, utilities, insurance, marketing, and supplies.

This might help narrow down the best fit in terms of lender type.Do you have any prior construction experience or a builder on board?

I'd recommend house hacking in or near your area to start to narrow your focus.