Shockingly, the owners that respond to postcards want to sell for prices that simply don't crunch as rentals.I can tell you that from the other side of those brightly-colored post cards (the one the I tossed out today was bright green), that property owners are being flooded with postcards from all over the country (green was an outfit in FLA).  

Either way, you will want to spend time looking around at real estate and crunching numbers to get a feel for property values and what purchase price would make something a good deal.

You will definitely want to factor those into your number-crunching. 

Typically you'd only calculate long term rent when you crunch the numbers, but Santa Barbara has a shortage of hotels/places to stay, so airbnb/short term rentals, like @Rohme Williams said, should be a solid bet.

You don't wanna make mistakes that can kill a deal when it's crunch time.

For one I'm not absolutely sure this is all the data needed to decision on this deal, and also I'd like to know what you guys think about the 1% and 50% projections and how it compares to the actual cash flow after crunching the numbers.

I think if Adam had his way all he would do is ride around MSP on his motorcycle filming walkthroughs and crunching numbers to make deals come together for out-of-state investors. 

So I was in a crunch now that my buyers were living in the house and waiting to close.so I ended up having to do a loan modification with my hard money lender dropped it down to 12% over 30yrs.

Crunch the numbers and see what makes the most sense to you.

The 401k load is $433/mth for 60 months and even with that hit this still looks like a winner when I crunch the numbers.