Have your agent start to look for properties that will do the 1031 now.

I'm a broker and property manager here in Huntsville.

California law requires abandoned tenant property under certain circumstances to be sold at public auction.

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

The wrong tenant can lead to non-payment, evictions, and property damage.

Quote from @Aldo Valeriani: Hello everyone,I’m relatively new to real estate investing, and this is my second fix-and-flip property.

Existing tenant stayed in my rental property 3 years without rent increase.