FHA loans can be a good option here, allowing you to put down a lower down payment.## NetworkingNetworking is key in real estate investing.

Clearly define terms, including an exit strategy, buyout options, and how proceeds will be split.

Wanting to know some basics as well as funding options. 

Your credit score will be worth improving to acquire better financing options.

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

For STR, AirDNA is the most popular option of course, but the pricing model per city is rough (if it's still like that).

Another option you could explore is known as a reverse exchange.

In this case S8 is probably not a good option.If you are convinced you can find a great family that will take care of your property, then either option is fine for you. 

If the renter has no way to take care of the pets and you do not want to keep them due to their cuteness and friendliness, then an option might have to be a no kill shelter.https://www.nokillnetwork.org/

I like the tub (it wasn't cheap, about 12 grand) but there's not great service options where I live and not sure if I would get it again since I mostly have to take care of it.