Prices are very high plus you have the golf membership.You could buy lots in there for a dollar not to long ago.

It's not a location problem; there's just too much inventory in that slot (3-5 bedroom 1700-2400 sf) in this area to command high prices without really having something to stand out.

I live in the Bay Area, home to notoriously high property values (depending on the location, a property may run you over 1 million for a 3bd2ba). 

It is not uncommon for investors to look for STR in the summer when booking will be high and then transition to MTR during the winter to lock in a tenant while the STR market picks back up.

I live near an army base where there is a high turnover due to it being a training post for all branches of the military.

To use this approach though a bank has to be willing to finance it though- which is really tricky.Income approach is take it as a rental income stream and apply a very high cap rate and take that value. 

Keeping things short and sweet, I managed to keep myself out of serious trouble, but I had to drop out of high school in 2010 and obtain my GED for personal reasons.

I agree with the cost of high taxes it's hard to make a profit but not impossible.

There are high risk markets and properties and low risk properties and markets...and everything in between.When investing it is important for someone to decide what their risk tolerance is, and match that risk tolerance with an investment that matches it.

Especially as your property portfolio grows you will need a tax prep and advisory firm to ensure you don't make costly mistakes and to help with advanced strategies to lower taxes.To help you in your search: be sure to find an accountant that is willing to grow with you, and is not too high priced fee wise.