@Joseph Turner, if you're looking to buy in CA areas with high levels of appreciation, I've had clients take out a HELOC or 2nd mortgage and pay back the HELOC or 2nd with a cash out refinance once values appreciate. 

If anything, it's a little high.

Highly recommend our realtor Candace Pfab!

However, she did warn me that both HELOC and DSCR rates are insanely high at the moment, but she said that it's a possibility if I can make the payments.

Winter at high elevation makes STR mgmt from a distance much more challenging!

I would highly consider house hacking if that's an option for you. 

Not for me, I wouldn't want to be forced to distribute 90% of taxable income  to shareholders.Private fund?

They must maintain a high level of service and quality of work to be in the network.

Thank you,StephanieHi Stephanie,I would highly suggest starting with a call to the Planning Department and let them outline what is feasible for the specific property and what steps you'd need to take to get it where you want to go.

Those prices are high.