It is awesome and available here:https://homelinemn.org/publications/landlordsguidetomnlaw/ Also, @Brandon Turner's book on managing rental properties is a fantastic read.

Allan Hancock College is there also, employs around 400 people.Home to the 20th Space Wing, this paired with the air-force base supports an economy also driven by tech, innovation and industry.Major employers that support the area are UCSB, air-force Base, Dignity Health Central Coast, SB Cottage Hospital, Raytheon Co..There is prison there.Two airports somewhat nearby: Santa Barbara airport - direct flights to Dallas, Denver, LV, Oakland, Phx, SF and Seattle.

@John Knisely @Ram V.Right now, after setting aside estimated cap ex & maintenance, escrow, water/sewer, public lighting, etc. it will cash-flow around $600/ month. 

Hello Account ClosedThere are several initial steps you need to look at with the property before you get to the spaces within the property itself.

@Adam Lawrence how many total spaces?

There's a strong demographic of folks who are into publications like Dwell, Archdaily, Treehugger, etc. that are very interested in modular/prefab construction and in some cases that fact alone can lead to quite a bit of buzz especially around new development. 

I have a lot of learning to do, but my main interest is multi-family dwellings, commercial spaces in the future, possible vacation rentals and/or trailer parks. 

You have to set yourself up as the go to person and be in the public eye.

Started demolition of both apartments, realized that only the apartment downstairs can have a mini-split, because there won't be enough space for people to walk upstairs, so contractor is looking at other ways for those. 

How hard is to get tenants for house that is relatively far from public transportation compare to one that is very close?