RE is a long term game. 

I had tried to establish direct communication with jesse, but the GC did not want me talking to him.

You could even consider a condo with an established HOA that’s STR-friendly—it can simplify maintenance and management.A Few Other Things to Note: Documentation is everything.

There are occasionally opportunities for grandfathering if there is evidence of legally established conversions that were done previously, but no permit records exist to show it was done. 

Real estate investing is a team sport and at different points in the game different players will play more important roles.

If you're going to live in LA forever the first thing you need to do is establish your primary residence - in LA.

@Bryce Jamison As long as the previous owner keeps up with the maintenance of the home and keeps it in good condition, I tend to favor older homes in established neighborhoods.

Now I agree the 4 will cash flow better than one will but I also look at it from risk of 4 properties will have higher maintenance costs and lower priced properties tend not to appreciate as well as a higher value assetI am also in it for long game and managing one is easier than 4

Out of the 50 addresses zero will probably be interested in selling so it's a numbers game before you find the one. 

I’m all done playing those games.