BP has done such a great job of promoting SFR investing to the masses, that those masses have pushed up real estate prices to where it's now DIFFICULT to cashflow right away.Keep going, but understand you won't get rich in real estate overnight - it's a long-term wealth building strategy.For the short-term, recommend joining a few in-person investor meetings if possible, otherwise online ones.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Quote from @Sarah Kensinger: I have never heard of her before but recommend a number of other STR designers.

However, I don’t yet have the funds for a down payment on another house, and I’m trying to figure out the best option for where to live while I rent the apartment.Do you have any recommendations for managing this transition or tips on finding a temporary place to stay?

I would highly recommend you create an LP agreement.

I recommend you call a local agent or broker to give you a better lay of the land so you understand the challenges/opportunities in this area.

What areas do you recommend for airbnb in particular?

I retract my statement.What u recommend.

I was wondering if there are any recommend in-person meetups in the LA area.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.