@Chris Seveney and @Stuart Udis and @Jay Hinrichs have posted excellent analysis.  

Theyre great products for self employed borrowers who will not qualify for traditional loans, but there's a premium for that convenience.

While not mandatory, a specialized accountant can reduce errors and provide significant tax-saving strategies tailored to your situation.This post does not create a CPA-Client relationship.

This would end speculation and bring you a lot of credibility.Please post a deal that meets the criteria you claim you have "tons of examples" of. 

Welcome to BP.My biggest piece of advice is to understand risk premiums in real estate.

for double closing you would need your funds to buy then sell it to end buyer at premium. there are transactional funding companies that can lend the cash for a fee.

They may justifying paying more by claiming they’re paying the premium for the “business”, but since the “business” and the real property are inseparable the property owner will still benefit from the increased value due to the arbitrager efforts.  

I would lean toward Roseville or Elk Grove, while you will possibly pay a premium investing there, your upside long term is going to be better.

If you’re using leverage, be extra cautious with your underwriting to ensure the deal still works at today’s rates.Economic Uncertainty: Inflation, potential recessions, or shifts in demand could affect rents, vacancy rates, and property values in some markets.Increased Operating Costs: Rising insurance premiums, property taxes, and maintenance costs can cut into profit margins, particularly for buy-and-hold investments.Regulatory Risks: Some areas are increasing restrictions on landlords, particularly short-term rentals.

@Scott Goulet if that's the case and there is no significant difference in occupancy, then my gut tells me that it is not a major factor that guests consider and are willing to pay a premium for.