I did a lot of research on options.

This is typically HIGHER than option one. 

Just an option, we love it.

Lastly more to my point - I thought you worked for a MF syndication in the past that I was not sure but wanted to mention and that you are not just someone coming off the street having never been involved in a deal (unlike a lot of others).  

I've heard that about the algorithm and changing your listings but didn't know about getting so closely involved with Airbnb + VRBO.

The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.

If you need an option that isn't as document heavy, a DSCR cash-out might be a viable option if it's an investment property.

This will either eliminate or open different options for you.3.

I believe it to be a little Southern California hidden treasure for cashflow, mainly class C but if you know what you are doing its a really good option to invest locally in CA with decent returns.

I had an experience with a terrible tenant who reported me for a bogus claim but by making the claim it allowed me to gain access needed to get photos of the condition of the property, and then the tenant refused to allow maintenance people in which really helped prove my side of the situation.If possible, explore alternative dispute resolution options like offering the tenants a cash-for-keys agreement.