So far, so good.  

As long as the wholesaler is direct with the seller and the deal is real, go for it.

The after-repair value determines if the property is a good BRRRR or flip.

The city has been trying to decrease density in areas it wants gentrified for a long time. 

Develop a good BS Meter! 

But, a fair deal and a good deal are two different things.

Is it more profitable than long term rentals?

Although I've considered a future line of credit against the property as my best long term option, I would need to pay down the remaining balance first.

@Marc Anthony MacielIf you're diving into house hacking and multifamily investing in Southern California, you’ll want to focus on markets like Riverside, San Bernardino, Ontario, and Long Beach—areas with strong rental demand and solid appreciation potential.

Quote from @Chris Seveney: @Charlene Kingsnorth have you had an sec attorney also review what you are doing as if you're are having multiple people as part of a loan participating in it depending on the state this could get you in hot water - so be careful  good point Chris some state allow fractionalized deed of Trust mortgages other do not or require PPM like documents prior to offering them..