BTW, I had some issues on 2 computers with malware, low life *#*s, but had my tech guy fix everything, so.....I'm Baaaack!

The neighborhoods comprised full-time working residents and second homes, not a mix with STR.

I would rather see the newbie go to a large OOS city with some tech than go to Imperial County.I can show the historically outstanding return of the San Diego RE. 

You are mixing up two different things.You will probably form an LLC that will own the property.You will then have to decide ownership percentages, who managing partner will be and who will do what.For tax purposes, you will need to decide on corporate type: C-Corp (no), S-Corp (maybe), partnership (1065 tax form). 

The facts are:Annual forecasted % change from 2017-21:GDP 1.6%Employment 0.4%Unemployment rate (% of workforce) 4.9%Household disposable income 1.0%Population 0.0%To me those projections aren’t the most attractive compared to (1) other individual markets in the US, or (2) the US national average as a whole.I see Buffalo’s biggest strength to be affordable housing, but I am concerned about (1) its dependency on traditional manufacturing, as other booming areas have moved into tech and services, as well as (2) the ageing population combined with 0% growth until 2021.Initiatives aiming to grow the city appears to be (1) Buffalo Billion (subsidies to e.g.

Out of the 3 conditions - on time, on budget, and good quality - you usually only get two of these.And as for the rental applicants, those who apply for housing in an overly depressed area are usually going to be in the mix of financial woes themselves.

Back to oil vs gas heat: another point to bring into the mix: where is your oil tank?

If the property can afford a full time on site manager/leasing agent, and a full time maintenance/make ready tech, your costs per unit will be less.As far as cash flow you need to retire comfortably, you'd need to be more specific on that.

Usually a system is put in place (through some tech) that allows the CL to underwrite and call for the loan to be documented and funded.

Its a mixed bag.