You seem to know the local economic climate well, good job.on that, as it helps determine the kind of tenant a d rates you can charge.  

Given the current loan climate, I had to use portfolio lending (aka commercial financing) to do this.

sorry to bring up an old thread, but was wondering how you all believe the current rental climate in PG is today at the tail end (hopefully) of the pandemic? 

I hesitate to evaluate a deal based on potential short term rental income, because then I have to always be making short term rentals to cover.The best deal would be one that rents decently to a normal, lease-holding tenant, and rents really well on a night for night basis.Also, do be cautious of the legal climate in your area.

We don't turn our furnaces off because in our climate there are sometimes cool summer days and heat may be needed. 

Great food, wonderful work experiences, and a very interesting climate.

“In North America, California is now setting the pace, and we're very serious about it,” Brown told a crowd of hundreds at a climate change conference in Los Angeles.

Great climate.

And you live in a climate area that has a cold winter.

It has 2 major and practically permanent advantages: Weather(especially relevant in the climate change era) and location between Berkeley and Stanford, that no other place in the US can successfully overcome.https://www.biggerpockets.com/forums/888/topics/850101-bay-area-housing-2020-crash-or-no-crash