Is one a clear choice and I am having trouble seeing it?

Those 7 years were cash positive, but we just weren't making enough cash flow to make it worth the trouble. 

Top producers are always very pleasant to work with (which does not mean they are soft)3.)

I personally believe single family produces the best rents and appreciation.

I am an aspiring new real estate investor based in CT looking to use the power of real estate as a wealth building tool and income producing asset class.

Do not do anything that does not produce income.

This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.

Does the California government believe that wholesaler activity around the fires would only produce a net-negative?

That mean that buyers could end up in real trouble if they can't make the STR work.

When you go to sell the property, if you produce a certificate of inspection for the wrong number of units, buyer unless you are giving them a great deal and they will throw caution into the wind, would insist on the correct designations.