The income, plus the guarantee from the property management company reduces my risk greatly.

A 6% seller concession sounds high, so reduce that or raise the price in your counter offer if an appraisal will support it.

Keep in mind long term stays will significantly reduce your page ranking on Airbnb unless you are actively updating the listing to keep it fresh as it won’t come up in search results since it’s booked.

I would appreciate any advice or suggestions on how this figure might be reduced or if there are any terms that could potentially be negotiated.Thank you for any assistance.

Other risk-reducing factors—if the note is collateralized or includes features that reduce the element of investment risk, the note is less likely to be deemed a security.ericperkinslaw.com/when-does-a-private-business-loan-transaction-trigger-securities-lawsv/

If there is anyone who is using a trust to transfer mortgages to their LLC, I would love to shadow and learn more.

My thought is choose a higher income, high quality tenant especially in CA and don't listen to any sob stories (not 100% foolproof but reduces the risk). 

This approach helps reduce your vacancy loss.Hope this helps.

Depending on the type of rental, you may be able to use 75% of the appraised rental income toward offsetting the monthly payment (reduces DTI).

Reduce the buyer pool to that extent and it has to negatively effect valuation.