Do you like loan paydown in a 15 year mortgage with less cashflow (no need to live off of properties' cashflow)?Or 30 year mortgage with lower payment and more cash flow for use for rehab/maintenance?In addition to ou...

Most of these opportunities are a distance from Palm Springs proper though, so you either need larger homes/properties (bigger groups tend to be less location sensitive) or something where you can market local hiking trails, nature, etc. to attract people that don't want to be near downtown PS. 

“All over the United States, the crisis of affordable housing is getting attention, and the nature of the two-by-four may differ from place to place, but it is unquestionably powerful.”1 – PwC 2019 Emerging TrendsSome cities have, “experienced faster inflation of construction costs than the U.S. average.” – MIT Center for Real Estate: Real TrendsRetail will need to re-invent itself“Today’s world is characterized by newer, unproven brands, and by tenants who reinvent themselves every five years.” – PwC 2019 Emerging TrendsRetail landlords will begin to focus on “more experiential offerings such as restaurants and live entertainment.” – Wells Fargo’s Q2 CRE Chartbook.

My brother-in-law heard what I was doing and he told me about a co-worker that currently has about 20 doors under his belt -- naturally I wanted to meet him!

This year's version wasn't a naturally occurring event (thanks, State of Florida & the sugar industry), and the fish kill and other problems were the worst I've seen in over a decade.

Every 12 months he receives $10k as a dividend or something in that nature.

On the other hand, E. coli being in a dug well is practically expected because by their very nature, they are a hole in the ground collecting water and have a high level of exposure to potential contamination (and therefore it's really not a big deal...) - they are just going to throw some bleach into it, re-test until it is negative for EC and total coliforms and say "E. coli?

It's the nature of their business. 

I am trying to keep costs low, so we are just keeping it the natural oak color and hopefully it turns out beautiful!

I definitely understand the addicting nature of the business!