In real life, it's slow-going and in my experience rents are lower than it seems like they should be.

Production depends on the owner and the home. 

It's also a really slow time there.

Not sure what that product is. 

The building in central Texas exploded ten years ago and I see no sign of it slowing down.

But the first few months where I didnt have any houses under contract I was stressed I was slowing down to much and going to hurt myself in the future.

There might be a product you can treat the line with to help slow the process down. 

The issue I found when visiting these places is that the nicer suburbs are not much cheaper than some of the cheaper areas of California (many single families are in the high $200,000's/low $300,000's so the draw is not as enticing if I can purchase something in my state for a similar price). 

Are these type of little to no doc products getting more common again?

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