Did you purchase this property all cash? 

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

How long do you intend to keep the property? 

This is a million dollar property.  

Dealing with RejectionRejection is common in real estate, whether it’s lost listings or clients choosing another agent.

Over the last 3 months, I’ve moved 4 of our 12 units over to a property manager.

I would recommend considering conventional financing until you reach Fannie Mae's limit of 10 properties, then consider either a portfolio loan, and start your race to 10 again, or look at DSCR at that time. 

Purchase price: $105,000 Cash invested: $90,000 Property needed some serious rehab, from trees roots destroying the basement walls, to plumbing, electrical, to roofing, landscape.

Create rooms within existing square footage, look into ADU properties, etc. 

I always look at the exit strategy for the property to determine which kind of Creative Finance I would use.