We have stabilized 2 properties so far and we are in the middle of the refinance on the second.

The more you can make your screening objective than subjective the easier and more successful everything will be. long story short, I called her previous landlord to check her rental history and I was told that this applicant steal a package that wasn't hers and she denied it  even they had proof of her stealing it on the security camera other than that she paid on time every month

Have we gotten to a point in this industry where a property is more attractive by short changing the true fundamentals and classifying the property an affordable housing opportunity? 

There aren't many "short-term, get rich quick" type investment options in SoCal today. 

It's probably being done in an illegal fashion from the way you describe it.

By shifting all that money, we were investing in our retirement accounts to real estate it has significantly increased the speed at which we are growing.

We are both out of state investors.

Long story short, the simplest way to look at this is to add a 0.5% or 0.55% to your FHA rate and then compare that to a Conventional option (note rate + PMI rate) priced with 1.75 discount points.

We are focused on families and want to sleep 10 or more.

Mashvisor – Helps compare long-term vs. short-term rental potential, especially useful if you’re weighing both options. 4.