The addition of new inventory comes at the heels of 5,500 hotel rooms being added in the past three years.The robust hotel investment appetite in Los Angeles continued early this year but stalled thereafter.

Are investors looking for individual STRs of either flavor, or is the appetite for larger portfolios of multiple STR assets? 

Depending on your appetite for it you could totally self manage.

Since my risk appetite is not one for large losses (even if rare), there is one piece of data would overrule all the other commonly talked about data points when deciding the best area to invest in, landlord-tenant laws.

Don't have the time, the money, the will to interact with my ex that much, or the risk appetite.

The retail appetite is just too aggressive right now.But there's lots of non-MLS activity that's keeping us busy.  

Fire suppression, wood structure, nearest fire hydrant, etc.  

Depending on it's initial condition and your appetite for living in a construction zone, this is an option as well.

Develop a keen sense of financial acumen and a ravenous appetite for opportunities.

My appetite for risk isn't low but I do not want to be overly aggressive given where we are in the market cycle and given the fact that this is California.