Im actually considering buying some properties there myself at some point since I already have a good network there (i.e. an agent, a property manager, a hard money lender, etc).

Frankly I have never actually created a list.I just fly by the seat of my pants! 

But yes, just because someone says you can do it...doesn't mean it is actually possible. 

We actually go a step further and will ask to see the applicants current residence, you will quickly vet out any bad applicants when this comes around.

Rents are actually the same as my expensive properties here, which cost 3 times what a comparable house in Fresno costs.

I'm actually finding more deals now.

I would do that if interest rates were actually low. my current interest rate is 2.5% so i don’t think i would want to give that up.

He dispelled the notion of an Airbnb bust like some headlines are showing by using actual data.

What I am looking for right now is a hard money lender that will do a cash out refi on this property because I have several deals in the works that I would like to close on.I am actually aware of a few lenders that can work within a leasehold situation, what is the current 'as is' value of the property?

Sounds like you got a winner there :) We actually just bought a new one last year- amazing location with main house on a great corner, and separately addressed guest house in the back that we rent out.