I was hoping a vacation renter would give me some income from the place, sounds like that won't happen and I might be better off just doing a regular rental.  

This will free me up to acquire more 'real' investment properties that produce cash flow.The current tenant signed a 2 year lease which doesn't end until Jan '16.What are my options for getting rid of this property?  

I got started in the Real Estate world about 5 months ago when i realized that i needed to produce additional income.

Michelle Na - What would you say are the highest gross income producing properties in Big Bear between the $450,000 - $600,000 range?  

Im just staring to consider SFR flippin because it seems like a viable "active" investment that can produce "quick" cash to help build my passive portfolio. 

I do know of several deals that have not produced the returns forecasted.

Proposed Amendment No. 3Act 871 of the 2014 Regular SessionDo you support an amendment allowing an authorized agent of a tax collector to assist in the tax sale process, including the sale of property for delinquent taxes and that the fee charged by the authorized agent be included within the costs that the collector can recover in the tax sale?

One for each area that I regularly buy property.  

But, here in CA and other places, the recent 5 years have produced sales prices that are next to impossible to break even.Here in Orange County, the average $650,000 house that's junk will only bring in $2,300 a month in rent.

House prices here range from the mid $50Ks (assuming they're on the "regular" market, not needing extensive rehab), up to about TWO MILLION DOLLARS.