Also any tips for automating this as much as possible and how to protect the property financially and property management would be appreciated.I ALMOST understand the rental arbitrage strategy if building a company scaling with say 30 + units and looking for high short term cash flow.  

Some of course may walk and not do anything to protect their homes.

Short term tenants are not protected by the the eviction ban.  

I would like to see what the local tricks and tips are to protecting ourselves as landlords in California thank you my name is Ryan have a good day

IANAL, but just had a call with them and signed up for a holding company registration, and an LLC for a LTR in South FL that I have been running under my STR property LLC, registered in another state (which I don't think was giving me the intended protections for the FL property).

Quote from @Michael Rodriguez: Howdy fellow Memphis investors,Any ideas for protecting thieves from pulling out the HVAC copper pipe? 

Hi Dyanne,What’s your plan to protect your wealth when the market takes a turn?

An emergency fund needs to be liquid, and immediately available to you in addition to being low risk and protecting principle. 

The reality is they are using the investors money for the downpayment, they are getting a huge 80% loan that is non-recourse and they have the private offering to protect them with full disclosure in case the market drops. on the way up investors make 30% easy and even the syndicator will brag about it and will tell the confused investors who cannot even calculate IRR on their own to stay with them as they roll their invested money plus returns forward through a 1031 exchange and now they got even more units to brag about.

In the NE states, AKA tenant friendly states, I would always have a PM to help protect my interests.