The owner said he would sell but at a very high price.

If either you or the investors are not highly experienced, this system is very very difficult to slow the first couple flips profitable. 

Simplified ManagementFor those managing multiple properties, AB 2622 streamlines operations by expanding your hiring pool and removing the red tape often associated with minor repairs.Why It Matters for TenantsTenants also benefit from AB 2622:Faster Maintenance: Minor issues like plumbing or lighting can now be resolved promptly.Fairer Move-Out Costs: Affordable repairs mean tenants aren’t hit with inflated charges for damage beyond normal wear and tear.Things to Keep in MindWhile AB 2622 makes maintenance easier, landlords should still vet unlicensed workers carefully, ensure proper insurance coverage, and remember that jobs requiring permits must involve licensed contractors.AB 2622: A Win-Win for California’s Rental MarketAB 2622 strikes a balance between flexibility and accountability, making it easier for landlords to maintain high-quality rentals while fostering better tenant relationships.

There is still a high demand for SFRs.3.

For each property, I have a few accounts including a high interest earning savings account for reserves within the platform.

We did get much lower costs when we changed to minisplits but the initial cost is high.

I'd highly recommend Scott Kind, CPA - 518.461.1699.

Funny story is my ex wife's mother went to grammar and high school with OJ.

It really doesn't apply as much anymore in most markets because rates are too high and homes are selling for too much. .75% rule is more viable and would be the new 1% rule in this market.

Rates are usually in the high 8s or low 9s, and you are likely going to pay 3-4 points for these loans.