I view the ads on BP no different than I see a Google ad - I am aware of a service but just because they advertise on a site does not mean they are the right fit

Method Homes are our preferred outfit, based out of Seattle, they have experience with builds in Tahoe. 

The Army and Marine Corps require single service members with pay grades E-5 and below to live in the barracks.

What I am posting is my experience and my opinion based on my experience.

That being said there are also bad deals in any area, here included.I would run your numbers based on historical data from airbnb - pretty easy to check on airdna or even just going in the airbnb app and seeing not only what nightly rates look like for certain properties but what their occupancy is - from there you can estimate monthly revenue with a reasonable degree of accuracy and see if that lines up with your targeted returns.

I manage on Oahu in Hawaii and I would assume based on things that I have heard from other hosts and managers in CA that the conversation around regulation would be somewhat similar given that it is a highly desirable destination for both guests and investors in the STR space.Speaking only to what I have experience with here - there seem to be three types of zones that vacation rentals fall into - on one hand you have zones where they are illegal, and while it is possible to run and gun in these areas I don't think the risk is worth the reward if you get caught.

How cool is it that we have the freedom to have our own opinions -- each based on our own experiences and/or education -- and that we can express those opinions in a public forum!  

Basically because I'm foreign I don't qualify for residential mortgages and it would be much easier getting an asset-based debt.Or do you mean buying in cheaper tertiary markets?

It takes too long for service and you don't know who they will send.

I would not be able to justify moving further out into a lower cost area based on the requirements.