There aren't many "short-term, get rich quick" type investment options in SoCal today. 

Lol Have you done many lease options as a buyer over many year term? 

Some buyers might see this as a bonus, while others may worry about tenant turnover or stigma, so it can affect the price slightly.Sell when the building’s cash flow no longer meets your goals, market conditions are strong, or you’re ready to reinvest into something else.

I do not think options 1 and 2 are mutually exclusive, in fact I think you should do both. 

Hey BP,I know this question has been asked often, but I've been struggling trying to find an investor-friendly insurance company. I am located in Maine and have 2 six unit buildings, 2 four units, and a 5 unit. What a...

Bonus : Could the 30 year mortgage be at risk?

Quote from @Ehrich Roberts: G’Day,Grateful for any advice in relation to mortgage options in British Columbia where liquid capital in combination with rental income would be accepted towards qualifying for a mortgage. 

@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.

I also would like to reduce the audit risk due to large bonus depreciation.