I think the entertainment business (LA) or tech business (SF) will see their ups and downs over time but you can't still take away the weather, the diversity, the scenery and the progressive nature of this state.

Entertainment?

If you were to use Chris’s primary residence pay-off HELOC strategy accompanied with the mindset that I am suggesting you entertain in this post, I believe that you will be able to embrace and enjoy your OPM with a much needed POM (Peace Of Mind).

The plan, in short, is to convert these older homes into more of a functioning space where families can enjoy their privacy and entertain guests.

I called in regards to a quote I recently received and was told that they've never entertained counters.

Also, I have been entertaining the idea of using my property as an AIR BNB rather than a long-term rental...any thoughts on this? 

There are not any new developments to bring much needed food and entertainment options.

@Tucker Cummings I noticed a lot of Wholesaler-bashing threads on BP, and I find it very entertaining.

The point of having income 3X rent is so that tenants have enough money to pay for other living expenses (food, clothing, utilities, car, entertainment, etc.).

For your situation, I would entertain the idea of using a traditional mortgage in order to lock in a low fixed interest rate.