If you are looking to owner occupy, you may want to consider starting out, with buying a Duplex, TriPlex, or a Four Plex.

Hi,I have been talking to a an owner of 2 commercial buildings, he is older and ready to move on from managing these properties.

Las Vegas Nevada - Very close to CA so I can either drive or fly short distance- No income tax- Can be maybe used for vacation rental- Low Property Taxes*** Worry is economy is heavily based on casino/hotel so if there is a downturn in the economy potentially have a lot of vacant properties in the area due to laid off/less tourist/etc *** Slight concern that I have is that I look at number of renters/landlord ratios (is it owner occupied or for investment?).

Good morning all, Vacation rental owners, how much thought do you put into creating the most relaxing situation possible for your guest?

Owner financing can make deals easier in many ways and allows the seller to make even more money and spreads out their income which may not get enough or any income tax breaks.There are so many ways to go but do whatever you love and concentrate on how to do it better. 

@Robert ZuccaroI use the MLS, sorry. lolfha really only works once or twice, since it requires owner occupied.

Your best bet may be to find a well versed HOA attorney and split the cost with a few other owners.

@Joel Fine You should be able to get a copy of the water and sewer bills from the owner during the due diligence phase.

I found 3 and looked the owners up, they're all 80+ living out of state and according to public records the taxes are being paid.

I have 2 potential deals in the works, one a subject to and the other with owner financing.