The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.

I see many situations where one generation wants to buy out a prior generation or, more typically, siblings.

Anything under 4 is             typically considered a seller's market, while 4 to 6 months of supply is typically considered a balanced market.There are over 100 major cities on this list - I wanted to see how Raleigh and Durham stacked up (and North Carolina overall).

@Kenny Bao typically I’ve found my work in connecting in off market deals 100+ units has left me spinning my tires.  

Typically homes in-between tenants, or a new purchase with intent to have renters within 30 days this is allowed. 

Meeting the 100-hour material participation rule qualifies your STR income as active as long as no one else participates more than you, This will allow losses to offset W-2 or other active income.While there’s no official IRS form to track hours, maintaining a detailed log is essential in case of an audit.

You can typically change the way the entity works - may or may not make a tax difference, but you're only 6 months in so I imagine you're showing a paper loss anyways? 

Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 

Here are some questions that I would typically ask a CPA:Are you experienced in working with my industry?

Typically, conventional loans backed by Fannie Mae or Freddie Mac are eligible, while government-backed loans like FHA or VA loans often are not.