I did some fairly extensive evaluation early this year, and I've looked again as I'm trying to nail down my second property, and I think it'd be a hard sell - but numbers don't always tell the whole story, and it might work for the right owner/investor.My opinion of Idyllwild is that the market of potential renters is pretty narrow; it's a bit too far from big-name attractions or activities and amenities (grocery stores, etc) to really pull in the occupancy and rate to cover expenses, let alone cash flow. 

Door count isn't as big of a deal (could be 5, could be 20) as hitting our criteria which we're currently nailing down even further.  

Doug hit the nail on the head.

So while some of you may have this "tough as nails" attitude about a small holiday gift, it is not a shared practice in the business world.

Same goes for an office build-out... lighting as additional accent vs. base building, screw in artwork vs. nail in artwork, furniture tables instead of built-ins, etc, etc.... it's even more obvious for a restaurant build out...

Fruitvale being a bit of an exception (close transit access).If you want to make a bet that's heavier on appreciation and not as heavy on cashflow today... you nailed it with Lake Merritt.

But what happens if you wind up with a deep nail in it and it needs to be replaced?

As far as financial advisors go, I'm reminded of this saying:  when your only tool is a hammer, everything looks like a nail. 

The homeless camp doesnt worry me but all the other facts you haven't nailed down are a concern.

She's been there 5 years and fought tooth and nail to keep him out of the property.