@Tim B.There is no “waiting period” for a STR if it is located in the Tourist Core zones area of the City of South Lake Tahoe.

When a property pops up that fits your criteria, don't hesitate and put in an aggressive and compelling offer. 

I felt compelled to right about the loan application process so you can understand it and avoid getting scammed.

This is generally truer especially for mom and pop tenants or regional versus national.As part of due diligence a roof inspection with core sampling should have been completed.

You can be sued for specific performance in some states which means you can be compelled to complete the purchase.  

TYPE=M&PID=CORE-WBMAIN&TOKENIDX=1745425843

But at the core of it all, you are looking for the best return for the amount of risk that you are willing to tolerate.

Well, a few things.Firstly, those numbers aren't compelling purely from an ROI/ROE standpoint. 

I’m starting to build my core 4 with the intention to acquire brrrr/flip properties.

I'd love to get your perspective on the scenario I'm currently facing:I currently live in SF but have traveled between SF and Toronto every few months for years—my family is there, and as my father ages, I've been feeling compelled to be much closer to home.