Part of the fun with FDIC was investigations.

Investigate the ability of the City to collect the appropriate taxes for such uses and suggest improvements to facilitate collection of all such amounts owed.

I'd investigate flood risk in Malden as sometimes being close to a river is more dangerous than it seems.

Red flags tell us to proceed with caution and investigate further as something is abnormal.

But only if you use this as a chance to study the fundamentals of investigating, negotitating, renovating, managing, , evaluating ongoing ROI, tax strategy, etc.

One, San Diego and San Diego County are behind the ball on regulation of vacation rentals.This has become an issue in some communities, and if you are interested in exploring this, I would urge you to thoroughly investigate local VR ordinances and also any potential moves to restrict or eliminate vacation rentals in the market you are considering.

In my preliminary, very conservative calculations, it almost comes out as a wash.  

I'm starting to investigate other states too, but it's nice being less than a 6 hour drive from our Scottsdale rentals if we need to go out there for something.

Cash buyer, might be good as the seller is in a slow market, get a better deal and buy and hold, especially if it's a sought after neighborhood.Neighborhood markets need more investigation, available properties, rents, demand, historic appreciation and location with respect to economic centers.Many foreclosures in a concentrated area should have a reason buyers fail in a geographic area.

Once we settle in, we'll start investigating the plan for the next one.Thanks @Aaron Montague for taking time to find the property.