There are certainly value-added opportunities in the city.

In the city of Portland (Oregon) they only allow us to run rental/criminal history if a tenant applicant isn't contributing to rent (if they aren't paying, we don't get to look at their finances). 

We are in the top 10 fastest growing big cities right now, so families and singles are constantly flying in to check out the area.Raleigh allows short term rentals if you apply for a license.

Get your focus and understand that before you divulge.4) Quit watching videos for the city, person, or anything else.

The demand for vacation rentals in places like Destin, 30A, and Panama City Beach remains strong.

I am moving from Kansas City Missouri.

I sent an email to the city and received a long response.

A more viable approach could be a straight 75% cash-out refinance—but only if you’ve invested in a city with strong, sustained population growth.

To be honest, I´m in the Maintenance & Construction for corporate businesses for some US companies in Mexico and we do some Real Estate down here also, but it´s way much different than the US, so I have much to learn from a lot of people around here and as @Julio Gonzalez, I think this is pretty much the right pad and place to start and to break my fears to start all over again from scratchAlso, I´ld like to hear more from @Justin Brickman why he voted for his city, pros and cons, it will help to read from a local...As I said before, thank you all guys for taking the time to write in this post and share some experienceDo you plan to owner occupy. $40k will not get you a non owner occupied San Diego property unless you find some unlikely alternate financing.

Each week, I analyze the MLS, exploring cities and towns across South Florida to identify areas favorable (or not) to short-term rentals.