The challenge for me will be to attempt to mirror this type of financing approach to Southern Calif. real estate. 

House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer

Those types of conversations or tactics are now going to be regulated.   

@Vidit Maini You might want to be more specific regarding what type, if business you want to start.

@Kenneth Jenkins you forgot to mention owners that expect a PMC to use contractors off Craigslist that are unlicensed, NOT insured and rarely have acceptable experience/skill - but, they quote the "best" price.These same owners will sue a PMC if using these types of contractors results in a tenant lawsuit.

This type of investment works well for the investor that is not looking for another job. 

The property features a shared dock, 3000 sq ft of decking, and a fire pit for each cabin.What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

The most common asset type was commercial multis 7-10 units. 

Looks like a rubble type foundation wall.