I have a state license and NMLS in Oregon were its required  same with CA  you can lend money there legally with those license or a RE brokers license which I have one of those. 

This afternoon, we let Tenants know that we have a prospective buyer and a Realtor who will view the home in two days at 1:45pm.Tenant sent us a text citing California Civil Code Section 1954 stating they have a right to not let us enter.

States like TX, CA, NY, CT, NJ are all tough when it comes to finding a low priced investment property.

Other cities such as San Ckemente, CA allow STR, but they're limited to those permitted before new law, etc.

If I build the same thing for multiple investors in downtown adjacent neighborhoods it helps spread the risk. not one person is local to my market doing this because we aren't a capital market. all are from high price point areas like New York, Texas, California, etc 

I have a single family home in the coastal area of San Pedro, CA.  

They are as in-expensive as any competing importer and nobody matches their specs in the price range.The plywood is good hard plywood not the typical soft import plywood.Their products meet the California Air Resources Board Phase 2 requirements for formaldehyde emossions which is a huge issue with import plywood.Their finish is a UV cured, water based Benjamin Moore stain just like the American product.  

Quote from @Ian Tyndall: This goes against convention, but I think California might be a good market because so many investors are avoiding it.

I originally started with a $1M umbrella policy bc hey, I live in CA and that seems to be the starting price.I think it was <$300/yr. 

California law says that a host must disclose a death to guests?