Not true. 

That data would be sales price after remodel (the true numbers some agents really don't have the experience to be comping the property), the days on market you will experience (this is great info because you want to recycle the money quickly), and resources to sell the place fast not slowly which you do not want this because this could put your holding costs extremely high and push the property to little profit or no profit. 

I keep saying it's making me a better investor and that's probably true.

Quote from @Charles Evans: You aren't crazy, but you must be honest about the true cost of ownership.

Assuming this scenario is true, I cannot see a scenario where coastal RE near Los Angeles does not have over sized appreciation.   2nd homes is not going to make a significant dent in this increased demand. best wishes

When the cash flow is too good to be true, it always is.

My application includes an acknowledgment that everything is true and complete.

True.  

The pros are all true, but the cons are they need to make it ada compliant and elderly friendly.

It's not true that 99% of Commercial real estate agents don't know what owner financing is.