There is also the local knowledge of a market like here in Lake Tahoe where lending can be trickier so an offer with a local lender might get chosen because they have a reputation to get a deal done vs a national lender that can have more red tape and a slower process. 

Unfortunately, "traffic and popularity" don't translate well into cash flow and cash-on-cash return.Don't get so caught up in the excitement of "doing" a deal that you miss actually "getting" a good deal. 

I am surprised how concerned people are getting over mostly driving violations. 

Our SFH in the Springs is well below what we were getting just last year.

How can I make sure I dont get screwed over by the insurance company? 

I just wonder if the path he is pursuing is the best path for him?  

It's 3 lessons and the last two lessons will teach you how to value the laundromat by getting 4 numbers from the owner and how to verify the numbers of the laundromat.

when you buy a property you'll have a down payment, closing costs,  rent-ready costs, costs to get set up with a PM, a commission to place a tenant...

After someone else bought it I alerted the buyer's agent to the error so their client could get it corrected. 

Mariposa and Oakhurst areas specifically seem like they could be promising if the right deal is found.I'm wondering if anyone here has experience with short term rentals in this area.