FWIW, I'm going to base this off a 1,500 SF single family new build, but I'll predict the build cost will be a little over $200/SF.

I currently have a duplex in Milwaukee and am living in a single family home that I plan to turn into a SFH rental.

With just one company and a single point of contact, we deliver unmatched synergy and efficiency.

No way to finance single room condo 4.

We even (I still can't believe it) had a person stay in one of our units that is about $350 a night, who bought EVERY SINGLE PACKAGE (Romantic, Birthday, Breakfast, and Pizza/Smores Kit) and spent $1000 in packages alone.

@Chris Ke With $200K for a down payment and the ability to invest full-time, consider starting with a 4-plex or multiple single-family homes (SFHs) within a 5-hour drive of Los Angeles in areas like San Bernardino or Riverside.

Consider looking for a large single-family home with the ability to add more rooms or bathrooms, then rent it out by the room. 

The higher your equity gets on a single property, the more you are losing money. 

Single family house renting in Goodyear AZ.

@Khaled El Dorry This strategy is know as a consolidation exchange, and like what @Adam Bartomeo said a single buyer might be difficult to find.