If each property costs $200,000 and your only acquisition cost is a 25% down payment, you will need $850,000 (17 × $200,000 × 25%) in savings, an almost impossible amount for most people.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

And what you've also seen is people that were renting 3 bedroom cabins are now deciding they can get by with the smaller one and two bedroom cabins. 

@Shaylynn O'LearyI think I may have posted this in response to you in another thread a while back, but here goes again.If you pick a random "low cost" market like the ones you named, don't know anyone there, don't set up a network, buy random properties, and turn them over to people you've never met to manage, you will most likely lose money. 

Remember, people only think of lies on the surface level, if you ask a few specific questions about their process you can see if they're BSing you or not.

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

I think you have the basics of meeting partners and people to work with in your local market and seem to be well on the way with two deals going already so big congrats there!

If times get financially difficult will people stop eating or will they stop going to the doctor (unless its an emergency)?

I would not get advice on this from people here also realize a LLC in California has some really hefty fees per year so something to consider 

Was wondering if other people went down this avenue