Now take short-term AirBnB properties like one of mine in Miami.

In terms of performance, I will be honest with you: it all comes down to your source of lists, the way you set up your campaigns, and last but not least, your templates.

b) How do they (Cali Govt) deal with the damage, both in terms of who gets the blame and also where do they get the money?

Long term goals in mind that I need a track record and capital for! 

@Treza Edwards sounds like the terms from a community bank in your area, is that right?

Lots of people do short term rentals with pools, this is not very uncommon.

As the new owner, you’ll want the lease and your landlord insurance policy to take effect as soon as you take title to the property.Temporary Lease Considerations:While short-term leases can work well, leasing to a seller long-term often leads to complications.

Also this term Wholesaling  was said at some guru seminar , its called flipping a contract , now every Tom, Dick and Harry is a " wholesaler " .  

This can also work with long-term rentals if you end up wanting to do that.

Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.