Lake Arrowhead is close enough for a drive to the village or a concert or Snow Valley for skiing. 

Have to check them out.Time to go clean up for Billy McGuigan concert tonight. 

There is a tendency for people to look only at "vacation homes" but there are also people who would need a place to stay for short term work assignments(this is a huge market), visiting family, and local events(like college graduation or concerts). 

The UC is undertaking a concerted effort to link the university to the downtown core, which is a positive step for the city as a whole.Investing in Merced has the potential to piggyback on the future UC growth. 

They made most of their income for Coachella and Stagecoach concerts.

In reality, IMO, an investor who buys a new note, who is not in the business of repetitive unseasoned note purchases, won't have a big issue with the lending side unless that note becomes an issue in litigation, I don't think a bankruptcy judge would come unglued, I only see a possible issue with such being in concert with other note investing operations, but, someone who is in the business of repetitive funding can have an issue.

My county makes concerted effort to locate the owner before the tax sale and provides notice to them about the method to claim an overage. 

The U of M area in East Memphis is also an option.Another location would be downtown and Mud Island - close to the Pyramid, the Forum for sports and concerts, Beal Street for music events.

@Aristotle Rivera My wife and I lived in Swansboro prior to having children and we loved the area and there is a constant concerted effort by the community at large to keep the area quaint and limit commercial expansion (it took a long time to get a Walmart approved to build there).

A few weeks later we bought tickets for the concert the day they went on sale.