Sounds like I should provide some details.  

I don't know that your original post provides enough information.

They do provide monthly updates and of course I hope it goes well at the end of the day but there is really no way to know for sure exactly how safe my investments are.  

Section 2(a) of article XIII A of theCalifornia Constitution provides that "a two-dwelling unit shall be considered as two separatesingle-family dwellings."

Also, I'd appreciate any advice anyone could provide. 

I am not going into those, since I haven't fully reviewed them yet, but those might provide more options to your situation.That's some info and #'s for you to chew on.

So I ended up calling the la county assessor from the link you provided.

My current insurance provider is quoting me for an HO-3 policy.

.#4 - If you could provide figures or ball park figure to the repairs known to the property.

Two lenders who provide construction debt may offer the same rate and origination fee but one may be better in for-sale scenarios and the other for opportunities where the intent is to hold long term.