Yucca Valley and 29 Palms specifically have clarified the permitting process and the ensuing steps for vacation rental properties.

@Kay March , not trying to step on @Kevin S.  

The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.

If that’s the case, your next step is to select the asset class you personally believe in!

The first pillar is avoiding unnecessary and risky activities (don't drink and drive, insurance generally won’t cover your poor decisions) and take good care of your investments - these simple steps will help you prevent lawsuits before they even occur.

We are looking to do our first fix and flip here shortly and have a list of properties we are considering, but the first step is getting financing.

I also need to make sure that I honor existing leases for existing tenants.Any tips on my next steps in the process would be very appreciated.

YUP when it was legal to do these in Or and WA It was my main business model.. we still bought at court house steps but only after we failed to get the owner to deed to us and let us buy sub too..Now this comes with risk.1. usually not enough time for title company escrow so you buying without insurance.2. old owner may squat even though they say they wont.3. bank can call the loan all over again but you have plenty of time to sell before that would happen.4. you miss something with your do it yourself title search.what you need is an Authorization by the owner signed with their SSI so you can contact the Trustee service that is holding the sale and the bank .. to get accurate payoff numbers.. then you simply get a cashiers check or wire to the trustee or service and reinstate the loan at the same time U prep a deed from the owner to you.. 

My net profit on top of the original $200K investment is $62.5K.4) wait at least 2 years5) after 2 years following the cashout refi, sell property at around ARV, $350K(I am actually skipping/combining a part where I do a Delayed Finance loan to get 75% of my money back asap after the initial acquisition, then do the cashout refi based on ARV after 6 months of seasoning).My first question is, are the above steps sound, strategically speaking?

step by step?