Those have proven beneficial  to me  Define direction you want to go in and go after it. 

It’s currently zoned Rs-3 and is recognized as a SFH.

I source mine from my network so I know they have a proven track record.

Invest in my nest deals in my fund that are proven & still accepting money.

They also have many if not all of the features that QBO has to offer including bank feeds (will automatically import transactions that hit the bank), Rules (you set a rule and when it recognizes an expense from lets say "Home Depot" it will automatically code it to "Repairs & Maintenance", and also has Classes to code transactions to the proper building.  

IF you have the funds to purchase a place in LA, then you can begin looking at options around you, You also have to recognize that if you purchase a place and inherit the tenants, all the downsides that come with rent control, the eviction process and of course the time and stress that can be associated with it.

If someone has a deal THAT good, in a market THIS competetive... it’s likely they have reliable financing relationship already well-established and the lender knows they’d be screwing themselves out of future business by screwing over a proven operator with an established track record.Are there anomalies?

If you are using your own homeowner's insurance premium as a baseline, then you first need to recognize that a homeowner's insurance policy and a non-owner occupied investment property policy are not the same . 

However you need to recognize that is only 1 metric out of many ways to evaluate a property.

Would the IRS recognize that we're no longer renting after two years and negate our exemption?