We are doing  online research about the market and decided t invest in these three states, and if we find any good deals we may invest another $200k in the market in the coming months.

For those owners or folks who are looking to purchase a Vacation Rental, what is the most important part of owning this investment for you? 

And yes @Beth Rook I know the owner of Simple Wholesaling Brett Snodgrass.

As a result, I discovered that many aircraft owners like me were experiencing a shortage of hangars.

We  closed on a 128 unit deal last year, price of 9.6 million, and the owner held $450,000 as part of the down payment.We've also done deals with 80% bank and 20% seller carry back.The cycle has shifted to where seller financing is being used more often.Good LuckGino

Ask about the current market conditions in San Diego to decide on your pricing strategy.

Even though they talking al cash .. write it up owner carry. 

It will work for me not just for buy and rentals but for anything I decide to do such as building a ground-up spec home or buying a non-performing note or doing some lending.

Everyone has different levels of risk they are willing to take, you just have to decide what yours is.

If you put up $100,000 and fail to get financing the owner isn't really going to mind keeping your money and calling one of the other two offers up.