Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

However, if the FHA interest rate is lower, I would still go that route and if rates drop refinance  however keep in mind FHA has PMI for life  Here you go FHA has the self sustaining requirement that requires the three non owner occupied  units to cover the entire PITI which with 3.5% or 5% down is virtually impossible with today's interest rates and price level.

I think one thing that is helpful, is to be more directed in your question and what you're looking for with regard to coaching.

Look at a few of my post to others and if you want some direction or advice from an Old Fart, I'm your guy.  

Or get work done with a good GC and pick off some subs you meet to do work direct for you.

I don't think you need to open a direct California LLC. 

I'm a 20x AirBnb superhost who realized I have more productive uses of my time than hosting directly.

So my thoughts to what is or isn't a huge trigger for the IRS for audits is based on direct input from the industry.

As a few have mentioned, the best way would be to call the listing agents directly, but depending on how much time you want to dedicate, setting and going on multiple appointments with different people could prove to be time-consuming. 

They're taking massive fees 2% on assets they manage, 20% on increases in net asset value, large salaries for only $7-8m assets, they are self dealing with a $2m in promissory notes that pay Dutch's other entities 10.95% interest. i think the 36% return might be before all these fees or for his 3 other entities that lent the company money at a very high rate.source: their sec filings https://sec.report/CIK/0001721...