It’s been 3 LONGGG years but our confidence in its potential has never wavered.The property has built almost 40k in equity and will cash flow around $600/per month.

The adopted requirements are in place to foster and preserve public health, safety, comfort and welfare, and to aid in the harmonious and orderly development of the unincorporated areas of the county.ApplicationVisit Forms and Applications to download the appropriate Vacation Rental documents.

@Zach Bollman - You're an Attorney so I can't resist saying, "it depends"But seriously - another Attorney I know likes to invest in her own state because she's confident that should things go south on a deal she'd be able take action in a much more active way and have greater knowledge regarding the course of action (I'm paraphrasing). 

If the opportunity seems great and you’ve done your due diligence and you feel confident in your decision then move forward.

@Brandon Foster Check out this thread

Bought for $55k, reno and carry costs of about $30k, sold for $110k.Walked with $25k and the confidence to do another... which I'm closing on the day after tomorrow!

Take that knowledge and become confident in yourself and utilize your skills to advance your REI career. 

theyll help you with estimating what it might cost per unit)-actually visit the property (with someone knowledgeable) and assess the condition of the expensive items (roofing, heating/ac systems, foundations, plumbing/elec, etc).some of these things will most likely be req'd by whoever your lender is anyways. of course some sellers wont oblige the requests for such detailed info until theyre confident in your offer/ability to purchasealso, sometimes people only look at their buying plan. you want to have a further view and have a plan on exiting (selling it when youre done). how you finance it can impact this because youll want financing that's favorable not only to yourself but to a future buyer as well.being able to sell it off as easy as possible is an advantage and you should always think how you can approach a property thinking "how can my actions help the property be worth more in the future and ease such a sale/transfer when im done?"

If your so confident in the stock market, theres really no reason to invest in real estate.

I appreciate your help-I guess my concern is, if I ran across a potential project.......and needed/wanted to get it under contract quickly......could I do so confidently, knowing that I could obtain financing for it within a few weeks or a month?