Pricing will be a bit higher than the other 2, but if you're going for a VA loan (which I'm betting you are) then the out of pocket cost won't really change much.

In theory, I believe you should be able to rent out STR in any complex in California, regarding of HOA rules, so long as it is permitted with the City.Your best bet is to seek legal counsel and run the Oxnard case by them to seek their opinion.

@Ray Loveless, you bet.

Especially for flipping, I bet you can find a diamond in the rough out there. 

What is Estimated Principal Reduction and why is it added to my total return before taxes? 

Yes, there will be more investors that foolishly lose their money but I bet that there will be a far greater number of people who benefit from the rule.

Suppose you have a subject property with a 105,000 sq. ft. lot and existing improvements for which you estimate the reproduction cost new to be $2,500,000, physical deterioration to be $400,000, functional obsolescence to be $50,000, and external obsolescence to be $50,000.If you have information on a comparable lot of 110,000 sq. ft. which recently sold for $250,000 and the only adjustment is $1.75 per sq. ft. for the difference in lot size, what is the indicated total value for the subject property.

The agent I bought my primary residence with (totally different market - L.A.) is awesome.

@Michael J Martinez  I think your smartest bet would be to talk to a couple banks about a HELOC and about a new mortgage.

It has a total of 5 bedrooms, 2 full bathrooms and kitchens.