There aren't many "short-term, get rich quick" type investment options in SoCal today. 

The economics of that area aren't real great.. mostly older people and not a lot of opportunity for young people with ambition. 

Also, half of all LLCs get thrown out in court because they aren't managed correctly.

Too bad, tenants aren't saying a thing for fear of paying.

Some carriers don't ask but you should make sure that you're not indicating (in the policy application that is typically e-signed) that you aren't using your property for student housing if you are.  

If you’re looking for short-term cash flow, you might need to explore nearby markets with lower entry costs and higher cash-on-cash returns, even if they aren’t as familiar to you.

Therefor, they aren't selling at that discount and instead just collecting monthly payments.

. - RentReady repairs & vacancies between tenants can blow any projected ROIs.2) Warren Buffet - go where others aren't.

If it’s a structured settlement and you aren’t getting a lump lum, you could contribute some of that to a Roth or Traditional IRA each year, or if you are self employed even more to a SEP IRA.Also what’s your short term, mid term and long term objectives?

Three bedroom units can yield up to $1,568 per month through CMHA (Columbus Metropolitan Housing Authority).