Hey Mike, I’m a broker and investor here in Sacramento, and I manage over 100 properties on Airbnb for investors.The Sacramento market is very stable, we do a lot of midterm business, but we like to mix it with short term in order to maximize cash flow and limit gaps between bookings, or “orphan days.“ When can we see the project?

My wife and I self manage a mix of short, mid, and long term rentals.

Multifamily is top of mind since it provides a mix of efficiency and long-term growth.

Given your experience with RV parks and MHPs, you already have a strong foundation for managing mixed-income streams, which will be valuable here. 

Look for mixed-use properties with a Main Street vibe or location.

I've been investing in some mixed use in very small towns for past 5-10 years. populations of 1000 - 1500, 8000, 16000 etc.

Depending on local regulations, you can mix up STR/MTR/LTR. 2) Get systems in place in those exact cities; 2 PMs preferably via NARPM, 2 high quality inspectors, and rotating book of handyman, 1 lawyer, and a credit union contact for leverage along with investor friendly nationwide lenders.

Talk to a CPA who specializes in real estate; they can guide you on the best structure.Decide on Your Payout MethodPersonally, I prefer a mix of methods.

Then go for a rug that mixes those colors together well (you also really need a coffee table to fill the space and something vertical like a floor lamp to help balance out the different window sizes.)

I once owned a 20-acre mixed-use property in Illinois.