I would start narrowing by picking a house type in a specific area, specific price range that also fits certain criteria like number of bedrooms, etc...

I’m still trying to determine the market (or markets) I want to get into, but am definitely looking at something long distance as southern CA property is a bit too expensive for my initial jump.Here’s a little background on me:I’m born and raised in Orange County, CA.

We could use more details to help give better advice, but the real question is determining whether or not you have a deal.

I just checked, I have a copy of "Evidence of home insurance" seems like regular home insurance(not hazard), on 2nd page it has mentioned my name as Mortgagee/Loss Payee.also, borrower is not picking my phone, so just wondering to who should I contact, insurance company?

You picked the wrong forum though this has nothing to do with VRs that I can tell.

I look at:- Revenue/Profit by Channel to understand most valuable channel- Revenue/Profit By Month to understand seasonality- Booking Lead time to understand behaviours -- important to know to determine ideal time to drop prices- Days booked/month and average daily rate/monthI'll update if I start mining others

If you have money and patience, it could be a good long term play if you can continue to pick off surrounding properties. 

People pick up from that positive energy. 

Thanks again everyone, I just checked, I have a copy of "Evidence of home insurance" seems like regular home insurance(not hazard), on 2nd page it has mentioned my name as Mortgagee/Loss Payee.also, borrower is not picking my phone, so just wondering to who should I contact, insurance company?

Plus future rent is given to you at 75% of gross rent, as determined by Appraiser, to help meet traditional qualification guidelines.