There should be very good opportunities to buy potentially distressed multifamily assets one to two to three years from now.

Think about building down in homestead the numbers are even better, appreciation is better, etc. land is cheaper. you can build this for cheaper than $475k these days and add a unit. three unit. miami is on fire 

I searched Google and found his page where he claims he will "share everything I know" in three days.

I would assume that some version of these three zones exist in OC and it might be worth looking into where yours falls before settling on a STR vs LTR strategy.

First thing to consider is if the income from the portfolio and other sources is sufficient to meet your parent's expected needs.

I have four properties and three are with my VA loan.

But if you furnish a three bed home just to look good, you’ll likely not perform well.

@Shivani Suresh, The major three factor usually new buyers consider  are Commute to Office,  Neighborhood/Schools &  Price. 

In the same period of time, I could have had that secretary make me three times that amount on clouded titles. 

My property is a legal three unit.