There is hiking, hunting for garnets, fishing etc.Maybe we have more to do, but I am betting that your area has as much if not more.Our average length of stay is about 5 days.

(My policy is $765 a year for my 3BR)COA Fee: $209/moPOA Fee: ($1,500/yr) = $125/moGolf Fee: ($700/yr) = $58/moUtilities: $166(About $2000/yr for water/sewer/electric, there is no gas in Branson because of the lakes)Cleaning Fee: $333 (Assuming 40 bookings a year at $100/clean for 2br is $4000 )Internet: $60Misc: $125 (270 a month is a bit high, I think realistically half that is achievable with about $1500/yr, The majority of the condo maintenance is being taken care of through the COA fees)Total Expenses: $2658/moTotal Revenue: Pointe Royale has some of the strongest occupancy in Branson with 55-70% occupancy because of the amenities that are open year-round like the indoor pool, plus outdoor pools,  clubhouse, fishing, golf course, etc.

I have been a mortgage broker for 8 years, and have been fishing to "branch out" over the past few years...

Local is great because you can oversee the project from start to finish, although your acquisition cost is going to be high in San Diego and there are a lot of fish in that sea already.

I recommend you grow with them instead of investing in a huge fund, where you are a small fish.

You just need to find a property manager who is willing to negotiate their management terms - might have to go to a smaller operation where your portfolio would make you the big fish.

Get some bids, they can fish the romax through the existing holes, change the boxes and outlets easily, you'll have a problem with brick or stone.

It can also be a bit difficult at times feeling like a little fish in a big pond.I have some experience investing in delinquent debt, and am now looking to acquire a few buy and hold properties, as well as do a few fix and flips.

Spend time talking to interested applicants and fish for information such as,  "why are you leaving your old place?" 

I've decided to take the leap from my small fish bowl in Duluth Mn and dive into the giant aquarium of Bigger Pockets.