We'll also be taking a drive through Wyoming visiting a couple of different areas (Cheyenne, Casper, Riverton) that interest us there as well. 

If you're really serious about a deal, putting down more earnest money may make the difference between you and another offer.

It was a knee jerk reaction to many different factors.  

The big differences are that RV parks are typically amenity rich which requires more overhead, can be seasonal in nature (but not always), require a nearby destination to work well (as opposed to employers), and use values that are typically 2 points higher in cap rate.

It's not the ideal situation but everyone takes a different path to start the journey.

however for one living in CA I do like Vegas personally ( I have invested there) as I have invested in over 20 states.. what I like about Vegas is the age of the homes you would buy at 500 to 1 mil.. no really nasty weather that adds to differed maintenance..

So basically you may get someone to pay your mortgage for you.Would you take a HELOC, - only you can answer this as taking a heloc is no different than 100% financing.

Big difference from a 5 bedroom 3000 sq ft house.Here are the cons to renting out your home.1.  

I have a different LLC for my commercial buildings vs the rental houses/apartments.

Based on your answer, you will then look for different markets. 2- Market analysis: Find a market that fits what you are looking (cash flow, appreciation, etc).