Consider this: there are an estimated 10K homes in Pacific Palisades, at least half of which were destroyed. 25% were constructed during the 60-70's and +/- 75 TOTAL were built in the past FIVE years. 

Try interviewing at least three managers.1.

It is a 4-Unit property where we are living in one unit and renting out the other three.

However, most investors anticipate a five-year investment term in syndication deals.

As soon as a tenant fails to pay rent, you can file a complaint without waiting 30 days or issuing a separate notice (unless your lease requires one).That being said, it could be a waste of time/fees to run to court because tenants in NJ may come even on rent (even after you win the eviction case) and then they won't be evicted: “The tenant shall have three business days after service of the warrant for removal to pay all rent due.”

My goal, over the next five years, is to utilize real estate in lieu of my current hourly consulting income, by building a portfolio of rentals.  

Like, this doesn't apply if you own three or five or ten, but it applies to every STR you own above that number.

I actually found out today that the founder of the company Zack had no intentions on funding my deal from about three weeks ago and was stringing my loan along until today.

I believe in five years life will look differently. 

Don't make a move thinking of the next five years, but further down the line.