I’m focused on tourist-friendly areas (Bay Area, North Tahoe and primarily Sacramento) I have a few apartments interested in learning more about my plan.

Just a little bit of time down the road would give you so much more in terms of planning and research.  

Benefits: This strategy is particularly useful for high-income years, as it allows you to defer taxes and increase cash flow by reducing your immediate tax burden.A cost segregation study can be especially beneficial if you plan to hold the property for several years and want to maximize deductions early, but just doing cost seg is not helpful.

Access to financing, such as 90% of the purchase price, can significantly lower the entry barrier, but success still depends on having a well-thought-out plan for managing renovation costs, timelines, and potential risks to ensure a profitable outcome.

Plan to rent the property by the month, targeting traveling nurse/Dr. 

If you're planning on utilizing a self-showing model with cameras you'll need to make sure you disclose to prospective tenants viewing the property that there are cameras on premise.At scale, we've coordinated 160,000+ on-demand/self showings with smart lockboxes over the past 5 almost 6 years with very few issues.

I want to be able to borrow against this somehow to give me capital to work on some other development plans that I have.Anyone have any advice on how best to pursue this?

My question is what type of lease terms work best to minimize vacancy and minimize the need to continually ask current tenants if they are planning on extending / renewing a lease. 

Having a good game plan as an investor is key, making wise purchases, accurate budgets, holding subs accountable and to also know, yes, this may be the  current ARV at purchase, but how is this market trending and what’s our timeline.

Basically, what you'd be doing is reaching out to a lender and letting them know "I'm planning to buy 123 Main Street in 3 days with cash.