I picked $875 pretty much out of the air and they said that would be fine, but thinking about it now an additional $175/mo for another person seems low.

I've also designed the house so that I would want to live in it should the air bnb not work out.

Consider: 1. flying taxi (promised by Uber to be here within 5 years or less). 2. prefabs, containers and other structures delivered by air (in speedy fashion). 3. the distance from A to B via land traffic vs. air. 4. cities growing concern with financial cost of the abandoned land. 5. social mobility and tourism (social curiosity).

We live in Central New Jersey.

May not seem like beach weather but I guess lots of people prefer the open, fresh (if chilly in winter) mountain air ....Texas.

Let me know if you are interested in Central Texas or Oklahoma City

When I checked out the basement I found that a window had completely fallen out of place and all of the wind/cold air was blowing in (not sure how long this has been out) but I quickly replaced it and have used space heaters to keep the basement warm.

Welcome John, I live in central At, been part time investing, for a few years now. 53 SFH rentals, some in partnerships , some in personal, Some in trust and IRA. 

Exterior 1.)Left front Corner of home2.)Right front Corner of home3.)Left rear corner of your home standing back as far as possible4.)Right rear corner of home standing back as far as possible5.)Air conditioning unit6.)Tree Houses/sheds/barns/fencesWater Heater 1.)Picture of the water heater to include the pipework exiting the heater2.)A picture of the manufacturer/information label if accessibleAir Conditioner 1.)Air handler 2.)Manufacturer Label if accessibleElectric 1.)Clear picture of Panel (s)2.)Manufacturer Label if clearPlumbing 1.)Image of plumbing under bathroom sink2.)Image of plumbing under kitchen sink3.)Pipework and hoses connecting your washing machine to the wallInterior VideoPlease take a walk through video of the main living areas of your property, please provide narration as you film.

Also their population has grown by almost 50% since 2000http://www.city-data.com/city/Bakersfield-Californ...I know that some areas in the central valley have experienced literal sinking due to pulling too much groundwater out of the ground though.