Silicon Valley though is just one part of California though.

Outside of real estate, I do other types of investing and consulting, I am a macro strategist with long term time frame.  

Sometimes they don't want to talk and perhaps don't want us there, but most of the time it's well received.1.)

A good agent will more than pay for themselves in profit, time and stress. 

Of course not, but it is useful to be aware of what part of the cycle we are in and what the next phase of the cycle is.http://observationsandnotes.blogspot.com/2011/07/h...

Ensure the developer has a good history of delivering projects on time and as promised.- Location and Market Trends: Choose projects in prime locations or areas with high growth potential.

Our first lead was very interested and eager to book but our dates did not align with pre-booked guests form Airbnb at that time as there was a bit of overlap from ending our STR and transitioning to MTR.

Plus every time the house sells you start that amortization schedule over and you're on the "winning" side of the payments from the new owner so to speak.Obviously this only works when you've got low payments yourself or you manage to increase the value of the home significantly, but is there anything else I should be looking out for here? 

As for the land, with some looking around and a possible off market deal, with time I’m confident I could find an R2 lot for relatively cheap compared to the build.

@Sean Haran I have used Longhorn many times.