You can do the BRRRR method too with private loans, but in this market, that's pretty tough. 

If you want to try another method, navigate to Google and search there.

Hello, I’m seeking advice, methods, reality check, whatever it may be.

This would be the beginning of the brrrr method and I would have 3 rentals right away.My questions are 1. is it better to start an LLC for RE and transfer my existing property into the LLC? 

We focus on nature areas that draw tourists in, so we haven't seen any major changes from STR to LTR.

I have heard a lot of investors investing out of state like Ohio, Memphis, Texas, Seattle, etc, but rarely they say they have apartments and anything similar in nature, in California.

That's why I'd rather focus just on the very few high $$ properties each year, rather than battle it out with the "regulars"on lower priced stuff, I think you're often better off looking at the other methods of finding them, OR maybe putting some effort into it but its no easy game there at all.Lastly, if you want to hear a TRUE story of FAILURE at the auction, here's one that happened to ME!

Ive never had a guest before or since successfully book without payment fully clearing their financial method of choice. 

In my previous role, I encountered numerous instances of real estate fraud, which opened my eyes to the importance of legitimacy and trust in this industry.After months of studying the markets and educating ourselves on the BRRRR method, we are thrilled to have potentially found our first deal, along with other promising prospects.

Not sure if this applies to you but if you are planning on building lots of units it could be a natural fit.