Its important to identify property where meaningful appreciation can occur fairly quickly otherwise you are essentially under water due to the transactional costs.

@Arthur Luay At age 40, if your goal is to save for a down payment on your first long-term rental, the best option depends on your timeline and risk tolerance—but here's how each choice stacks up: A savings account offers safety and liquidity but earns minimal interest.

That safety net is what lets you take the next step without feeling like you’re stretching yourself thin.If it were me?

Folks are delaying or cancelling travel, simply because of anxiety about getting there and back home on time, and safety concerns. 

If we simply sell outright the gains, I’d any, will be miserable and essentially toss away decades of work,how else do people off load these investment properties (didn’t care the the DDDD strategy.)Has anyone 1031’d into credit sited funds (think crowd street or other funding platforms that accept 1031’s?) 

Running a short term rental is being in the hospitality business, essentially.

You could only evict for health and safety reasons.  

Essentially, I am wondering if it is a good idea to purchase a house here for investment purpose. 

I caution everyone to avoid 2nd position loans since they are easily wiped out in foreclosure, and to especially avoid them in Southern California due to AB130 which, until resolved, makes many 2nds essentially unenforceable.

Guidelines to follow:Only buy in low-cost markets if your costs stay under 75% even after paying for two major capital improvements, such as a new roof and a new water service line.Make sure you can eliminate all obvious safety and health hazards—like broken sidewalks, missing railings, lead paint, or poor lighting.