Like is used to clean the driveway with when there's an oil spill. 

Would a recession be very likely to affect profits with such an investment?

Quote from @Cheng Zhong: Ocklahawa's appreciation is slow, and it's a choice you need to make based on your own needs, and I personally don't recommend you do that if you're buying an investment at this stageThank you for the response!

lol My lending partner is working on a second home for an investor in the area, he might have an investor friendly agent referral for you and a local PM that can help with projections.

If you foreclose the attorney will do a title search and serve all parties that have an interest.

Landlording is not a science, it is an experienced-based business. 

If you have an office and just do property management, I think it is wonderful software.

Set up Keyword alerts, since you're in Santa Barbara you can set up an alert for "Santa Barbara" or "Southern California" or "beach" to be alerted when someone posts on the forums that may be relevant or interesting to you! 

That's an exciting milestone.

I'll check with some direct lenders and provide an update.