Why do that if there aren't any other offers?

I think it is best for me in my situation to use an all cash offer, and I don't rent back to distressed sellers.  

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

That being said, liability is often the biggest concern with short-term rentals, and the underwriters have agreed to offer a general liability only policy." maybe dodged a bullet.

I agree that the market is very competitive in California - especially if you are searching via the MLS or making offers to distressed or vacant property homeowners. 

Alternatively, DSCR loans offer long-term financing with lower rates, but they come with more complex requirements.

Quote from @Josh Jung: surprised you haven't heard of RBP. it's like a mix of services you can offer to your tenants like renters insurance, virtual concierge, etc So the property manager/landlord pays for their renters insurance, and filters?  

If you need a new job once you move, you will need an offer letter prior to closing on your new home (and you will need 6 months reserves in order to be able to use the offer letter as income). 

Quote from @Jeff Calcaterra: We have a potential tenant new to the area who has gone through a paid background check, signed a background check authorization form, sent us a LinkedIn profile, sent an offer letter and says he is willing to send us paycheck stubs, but says he doesn't want us to call HR to verify employment because he is supposed to have found housing already.

They can go practically anywhere.Emotional Support Animals can be any type of animal - dog, cat, horse, peacock, komodo dragon...