Investment Info:Single-family residence buy & hold investment.

@Jay FayzIt's possible to use an FHA loan with a 5% down payment, but keep in mind that the loan is intended for primary residences, and you'll need to live in the property for at least a year.

I could use the proceeds to to pay down a good portion of my mortgage on my Primary residence (that is currently at 7.3%).

Quote from @Brendan M Hornung: I reside in Southern California and started my investment journey in March of last year by purchasing a sub-to single-family home in AL.

Since you are right out of residency with a good job and not married and no family, you are in a unique spot because you have flexibility right.

*Strong Economy – Phoenix is sustaining a healthy housing market, with thriving sectors like technology, healthcare, and finance continuously recruiting new residents and providing them with job opportunities.

The SPB and TI areas are actually generally not STR friendly and have 30 night minimums for single family residences. 

One more thing I should address:  Installing cameras inside of a residence with other tenants can be a HUGE legal violation.  

You ARE subject to CA LLC tax just by the fact of YOU being a CA resident, sorry.

Investment Info:Single-family residence fix & flip investment.