I've worked exclusively with builders on for-sale subdivisions throughout Southern CA for the past ~20 years (thousands of new homes) and cannot think of a single time one of my builder-clients has retraded on price after a third-party inspector toured on behalf of a buyer.

Louis, Mo, Condo in San Diego, Ca, 8 unit Apartment Building in Los Angeles.Want to expand, primary residence is Las Vegas, open to all markets.

We do similar even though CA doesn’t have many basements.

I'm also an investor from Southern California looking in and around Indianapolis.

My response about short term rentals was to point out that you can rent all ADUs in CA for periods of 31+ days (in some areas less), and that plenty of viable options exist outside of STR.9) By the rules, adding 2 ADUs does not qualify for conventional financing... duplex with 2 ADUs that get the conventional financing (contrary to the rules) seem to comp with a quad.

I use IRA Services Trust in San Carlos, CA.  

@SJ Farrugia  In the FAQ disclaimer on criminal records smartmove will return criminal records in the following states Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Minnesota, Mississippi, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, Washington, and West Virginia.Now if you are located in those states you may be fine.

I purchased my first investment property in NC (previously properties were in California).

I invest in California and the Indianapolis metro area. 

I've DM'ed or talked to on the phone at least 20 California investors.