The only way that works is if they have fully connected utilities and it is sitting on some kind of foundation and not on a trailer.Some folks think they are cool, but you really limit yourself on demographics.

The market has changed and depending on the area, houses are sitting longer. 

I really don’t have time to baby sit adults .

Start to see what makes one more than the other you might have one site looking at quartz counter tops with huge living rooms and the other looking at plastic counter tops,  being able to identify this will help you identify where your property could sit.  

You are currently sitting in Los Angeles's entertainment mecca and Mid Term rentals/30+ day rentals are a great alternative to the STR limitation.

You can sit down with a lender to "run numbers" and find out roughly what you qualify for. 

I just want to sit back and collect cash flow checks. 

We found this deal reviewing Loopnet and saw it had been sitting on the market.

I finally told the staff member who was a male about 6' 5" 350 lbs I was not going to sit there and be chastised by him for something I did not do!  

@Thomas Haessig If you haven’t done something similar I would sit down with a notebook and write out your goals.