Hello and thank you for this reply - yes, I have been analyzing a few properties - I have found that the main issue for both the traditional long term rental and also short term rental in this area is reliable property management - it is traditionally a cottage country tourist area, but it is becoming more popular for long term residency, and there is an emerging missing middle, because of property prices.

The most popular strategy is to househack if you're able to just trying to learn and understand the market then people usually will upgrade to large multis and fix and flip.

Ned Lamont emphasized the role of homeownership in building wealth and community ties, with the average loan amount at $30,000 per household.Despite the program’s popularity, Sen.

Alternatively, consider house hacking or rentals for more stability.

Groveland and Oakhurst are popular spots due to their proximity to the park, so they can provide steady bookings, especially during peak seasons.

Were seeing a lot of BRRRR refinances in the sixes rate wise recently - rates have been a bit volatile last couple of weeks but some really solid BRRRR deals going on with DSCR considering the short seasoning periods and rates really competitive with conventional alternatives

Alternatively, you could take a loan against your 401k for that initial amount.Once you’ve secured the property and paid the 5%, you can then work with a private money lender (PML) to close on the property once the deed is ready. 

Many alternative lenders have internal guidelines that prevent against lending on assets with any commercial components.

I would like to offer my client alternative solutions, and sober living may be a viable option to make this property cash flow.If you are a sober living operator in Los Angeles County or know someone I can connect with, please feel free to reach out!

I personally work with a ton of east and west coast investors, they love to buy here because of the huge growth in the last 3-5 years, with major companies like Intel, Amazon, and Google investing heavily.Turnkey properties are popular in Old North, Merion Village, Southern Orchards, Old Towne East, Driving Park, North Linden, North Hilltop, Franklinton, Reynoldsburg, and Hungarian Village.For BRRRR and Fix & Flip, consider Eastmoor, Hilltop, Whitehall, and Linden.