It's smart to invest now and be prepared for any market changes.  

There is variance in markets but I believe most high price markets are like my market with 2 primary plays 1) patience.

I like the way you're thinking with respect to the San Luis Obispo housing market.

Given the state of the stock market over the last few years, I'm looking for a way to invest in certificates to gain an interest rate higher than what banks are offering and returns that higher than the stock market right now.

Just state in your marketing or listing that the other side of the unit is rented out for midterm stays of 30 days or longer.

You can even get better with CDs and money market with no risk.  

Hey All,Looking for referrals or connections to A+ STR Property Managers in the Castle Rock Lake, WI area (New Lisbon, Mauston, Germantown Township etc). My family and I are contemplating building a 2nd home on Beach ...

In todays market, they are most popular when purchasing a larger bundle, needing flexibility on a bundle (lower purchase prices being allowed for example), or when cross collateralizing equity as downpayment. 

If seller financing is an option, you may be able to get hard money for the rehab, then cashout refi into a DSCR or Conventional investment loan when complete and take it straight to market as a rental.

While serving as a VP of Retail Operations for over 20 years at a national retail chain, I consistently pursued real estate studies and successfully invested in several properties.Currently, my primary focus is on selling and listing real estate throughout the Atlanta market.