This will likely determine whether short/mid/long term rentals are favorable in that specific area. 5) there’s so many things!

Get in a habit of getting your body in motion.

If investing in Southern California proves to be challenging due to high costs, it may be worth considering other markets outside the state that offer lower entry barriers, high rental demand, and favorable regulations for investors.

Like others have mentioned turnkey is a great option, there are several providers that operate east and north of you where the price points/rents are more favorable while laws remain landlord friendly.

It's a favorable rate, and given the equity you have in your property, you have a good foundation for securing additional funding without compromising this rate.Considering your property is now an investment, and you're looking into financing options for updates, a VA loan could still be a viable path for you, even in your current situation.

Their substantial construction volume translates to favorable pricing and incentives for investment properties.

The other option would be to purchase the property strictly as a rental unit; nowadays, lenders are willing to go with 15% down; no income verification, and perhaps the rate be favorable in the high 7% to low 8% interest rate.

I'm going with sectors on sale or out of favor classes of RE on sale like office maybe.  60% off anyone?  

Unless you intend to someday transition out of your physician job many physicians find that password investing via syndications is a more hands-off way to diversify your income, and tax in a favored way. 

Buyers should expect more competition in the spring, but conditions overall should remain favorable compared to recent years.What if I’m a seller?