You can pretty much always do Sub2, but the real question is how likely the loan is going to be called for violation of the due-on-sale clause (DoSC).

I work for a top 3 insurance company but rates are pretty high, so I'm hoping to find someone else.

But you need a pretty darn good deal to support 100% debt.

Now on the surface it seems like a pretty decent idea; however i have a few questions for them (which i've asked) but  I wanted to know from this groups perspectives the pros/cons that you all may have experienced in similar situations.

My wife and I do extra rooms out of our primary house and we are located right next to wine country, pretty much every weekend we are booked. 

You can’t borrow against its equity if you sell it so think that through .I imagine rent goes for a pretty penny there .

But you can get pretty much unlimited loans from community banks and others.

@Jeff Greenberg holds a monthly casual networking hangout for investors in Santa Monica on the 2nd Saturday of every month and a pretty good majority of the investors there are doing out-of-state stuff, so it might be a good place to go to learn more of what they are doing and be able to ask questions and such.

I found a site called Roofstock that claims to do all the work for you and it seems that there are pretty good reviews and experiences.

Initial cap rate looks good but I'd suggest making any offer subject to verification of rent (audit) and interior walk through - pretty standard.