Escondido tends to have stronger year round demand but tighter regulations, Wrightwood is more seasonal with big winter peaks, Redding has steady outdoor tourism with new rules coming into play, and Bakersfield is more of a lower cost entry with modest STR potential.

The land is zoned commercial but the structure on the property is listed as a single family residence on the property appraiser's website. 

. :)I was looking at a cabin in Red River. 

The main requirement is that any property purchased in an opportunity zone must be purchased through an Opportunity zone fund.

Those little details affect your tenant pool and expenses.Location – In your area, flood zones and insurance premiums can make or break a deal.

That, by itself, is a red flag.

- Or is it a red flag when someone is consistently offloading brand-new notes at a discount?

Hi Red, welcome to Bigger Pockets. 

Hello Ramsey, There ae a few things to consider with condos especially in a flood zone.

Get both the zoning map and the future zoning map.