You're going to learn A LOT from your first investment property so don't get discouraged.

Was it like 50 properties?

Investors can now leverage online platforms for property tours, market analysis, and property management, enabling them to overcome geographical barriers and diversify their portfolios.

There needs to be more information regarding property type, location, type of deal (value-add or stabilized), your financial strength, experience, etc.

I love living in CA, but if you're an investor and like to have your properties in LLCs, it kind of suck. $800 yearly tax for each LLC.

That's the best way to get into investing; holding the property you own and renting it when buying another.

I got properties under contract before so am confident that this is not going to be a problem.

Does anyone have any referrals for property managers in the Los Angeles area who specialize/ have experience in mid term rentals? 

We did this with our property and had no issues with our bank.

Even a single-family home with a legal additional living unit could work if you can find the right property.Because you want a property that needs work, I would be careful not to take on something that is too distressed.