I have heard Joshua Tree is severely saturated and I would tread lightly in the area.There may be some opportunities as people are selling who are hemiriging money.

@Greg Scott nailed it.I will also add that since an ESA is an "accommodation for disability" under HUD, the animal's owner is responsible for any modifications to the home in light of that accommodation (think wheelchair ramp). 

So they just send out a terse announcement with no warning, lead up, or any previous indication of problems, that dividends or payouts will be suspended until further notice.  

its like going from PDX to Lincoln city or Seaside on a holiday weekend it can take hours to get through the first traffic lights.. first time I tried to go to lincoln city and the traffic stopped 20 miles from town I just turned around and went back home.. :)  not sure how it is your way with going to newport etc.. probably not as bad since the population is a fraction of PDX metro. 

I normally recommend starting off with a more turnkey or light cosmetic value add type of single family.

Lesson: TIME will often rectify bad investment timing in real estate, but you need STAYING POWER - capital to carry thru to the light at the end of the tunnel.  

New flooring/paint/toilets/private fence/lighting/rubber roofing What was the outcome?

I approached a broker and have filled in the 6 page application which asked all sorts of questions about the nearest fire hydrant/fire station, will I be flying in any of the building materials, are there lights on all sides of the building?

It’s still affordable too—you can regularly find SFHs in the $120K–$180K range that meet or exceed the 1% rule and hit 10–12% cash-on-cash returns, especially if you’re buying below market and doing some light value-add work.

.), and still has strong rent demand with price points that allow for solid cash flow and appreciation.If some of your properties need work, there’s definitely opportunity to add value through light rehabs or strategic upgrades, especially if they’re in B or C+ neighborhoods.