Since you’re planning a mix of long-term and short-term rentals, keeping detailed records and setting up a solid system for managing finances early on will be key.

Significant and sustained population growth leads to demand exceeding current supply, causing prices to rise until there's a rough balance between sellers and buyers.

Lots of people do short term rentals with pools, this is not very uncommon.

A landlord looks a t how much the property will make long term.A flipper looks at how much in a short term .

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?) 

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

If I did short/mid term rental I could do about $3.5K/ month for 10/12 months.

Thanks, I'm looking to get into short term or long term rentals for starters.

Sometimes I've heard of PMLs doing "creative" financing like this where maybe they do a very short-term loan that can be paid back once you sell the land.

Welcome to BP and come on over to the Short Term Rental part of the forums.