Just curious, are you lined up an agent in that market and also connected to a lender?  

One still would have to go through hoops (set up a Roth IRA conversion ladder, access your 457 money first or rule 72t (SoSEPP)) to access those funds if one retires early. 

The Commercial Loan Officer I am working with comes up with a Loan Amount of $336,000 (Total value is $448,000) because of the low rents.

I am a bit surprised that the per capita debt is not higher in CA.I suspect most of the higher per capita debt will be in markets with high housing costs because housing in those markets make up the majority of debt. 

Great question and you stirred up a lot of comments here.

Additionally, I expect applicants to follow instructions in the advertisement and application, to make and keep appointments, to show up on time for appointments, dress and behave appropriately at appointments, and in general demonstrate throughout the process that they are someone that is easy and pleasant to do business with.

If you buy it and set it up as a LLC, then great, if you are one of the buy it in my name then transfer it, your protection from a good attorney is zero.

It may sound nice to pay a 6% management fee but the extra fees can add up to be more than the other company that charges 10% with no additional fees.

Never spend your last dime to purchase a property, because there will be unforeseen expenses popping up your first year.

Landlords will probably need to set up their own Stripe accounts.What SMS system are you planning on using?