This leads to state funded insurance which will be very costly because only those at highest risk will participate in it and if the losses continue, they eventually will need to get the money from someone (rest of people in california?) 

A lot of people tend to mingle these things when they talk about "break even" or "cap rate", but that leads to a lot of confusion.Let's use some real numbers which may be easier to understand. 

I'm not sure if any also lend in Canada, but you might want to expand your search to include "non-recourse" just in case it leads to some more options for you.

Generally buying in nicer areas leads to better experiences and confidence in your investing, but lower cash flow when you move out.

I think investors see it the same way and invest that way too leading to bumps in prices if they start to see a trend.   

You can learn to do this independently or get a rockstar REALTOR to lead the way.

I have no w2 job, a lot of toys (need to get a plane), can do what I want, can assist my son to find his way in life (he is leading his 2nd rehab) and if I wanted I have generational wealth (I have given away a lot money the last few years).  

From what I’ve heard in a piece by Forbes, focusing on unique features can lead to higher long-term rental satisfaction... especially if your tenants want a few animals or more outdoor space.

Brian also mentioned, him and Ron were renovating houses on a large scale and had been building a foundation for massive traction in the workforce and affordable housing market in the Mid Atlantic (my friend Brian is an active real estate investor and GSP’s lead project/property manager).

Any idea of lead times?