Working this backwards, what I see is a 3rd party trying to benefit from another’s house via rental cashflow, My only business is 30+ years as probate estate and trust lending in CA.

I will be able to log the 50% time of business use.

Lau, generally if you are financing with a commercial lender- we lend for business purpose only and a rental property would fall under that category.

Cities with high crime rates struggle to attract new businesses.

One thing to consider is that in terms of wealth building and Kiyosaki's Cashflow Quadrant, owing a rental and doing work yourself is putting you in the self-employed quadrant, not Business Owner or Investor.I think there are a lot of factors stacked against California for long term rentals, and I think you know it too! 

Definitely open an LLC if you haven’t done so already and once you have a couple under your belt, you will have lenders lining up for your business.

My goal is to wholesale some properties single and multifamily to build some capital while fixing my personal credit and building my business credit.

This one was strange because I ended up splitting the companies and partners involved in the deal so we liquidated halfway through the project. 

The local economy seems to be centered around these types of businesses. 

Investing in single-family residence fix-and-flip projects in New York involves purchasing distressed or undervalued single-family homes, renovating them, and selling them at a profit.