In addition, the brokerage LCL seems to manage quite many properties in SoCal.

They seemed to opereate out of India with a US address..

It's seems like you are emotionally invested in going through with this deal.

It's been my experience that your rate may be a little higher but it seemed a little easier to obtain compared to a regular loan.

The demand seems to be infinite.  

Brian in addition to what @Rick S. mentioned, I would also have the seller have the tenants sign a statement - which you will provide - that they understand they must move out within 30 days after closing (which will actually be longer for them considering it seems like your just in the beginning stages of purchasing) and then assign a dollar amount for each day the tenants much pay for each day they go over 30 days - think incrementally, to give them an incentive to move out.

To me it seems a bit high for the area, but you might know something I don't. 

I will definitely look into it, as it seems like a good way network and find more guidance.

Met a few nice folks networking there, but a lot of the info being put out there seemed very hack so I felt bad for most of the attendees if it was their only/first exposure to r/e investing.  

I am a beginner investor in Paris area, France and altough it seems like France isn't the easiest country to start investing, I'm going to give it a go and see if I can make this work.Thanks for having me !