We walk, bike, skateboard or drive our street-legal golf cart to outstanding coffee shops and restaurants, as well as shem creek marina where we keep our boat.  

I know it's not ideal but could you swing an injection of capital into the property to get it back to the right LTV for a refinance on the second?

I later find out that they had broken up, and the brawl was between his sisters and her friends, and that per reports, his friends came back with golf clubs and firearms. 

Perhaps a market you have some extra cultural interest, fish ,golf ,lake ,opera ,nascar, gamble ,food etc.

Yes, there are some great builders out there that know how to run a business and not just swing a hammer but using the whole cost/s.f. number should only be a guideline and not something to base your final numbers on.

They swing the 3X rent on the rental and come up clean in the background, who am I to judge?

Winter temperatures average in the mid-50s and not so oppressively hot in the summer making the area an excellent golf destination.4.

High fixed payment areas I THINK see less value swings (on rate changes anyway) than low fixed payment areas. 

Monthly rentals in the summer are not uncommon, especially if you have a nice amenity (proximity to Donner or Tahoe, proximity to downtown, or one of the local golf courses).Check out Tahoe Forest Hospital for their need of MTRs.  

Examples are mobile home parks, RV parks, and golf courses where the value of the property is not primarily derived from the building(s) but rather from the improvements to the land.