Over the next few years, in my opinion, wholesaling with be inclusive an monitored by each states commision.

And in monitoring multifamily sales, it seems properties are going under contract within days of being listed with multiple offers being a common scenario.

If the latter, how do you monitor?

We've been monitoring its progress as we walk by with our dogs on a daily basis.https://www.redfin.com/CA/Los-Angeles/890-S-Bronson-Ave-90005/home/6917421

Are there ways to work with a bank if I don't have a W-2 job or proof of 'reoccurring income' that a bank is comfortable with?

Check though, to see if it can be substituted with a monitored fire alarm system.  

I was able to purchase my 1st and only property Dec 2017, which I've been house hacking with my daughter while my 2 rented rooms covers PITI, all utilities, home owners insurance, internet, Adt full package monitoring, Netflix, etc, plus leaves me about $100 monthly. 

Also, monitor the contractor's work, ensure they are on schedule and do what they say they are going to do. 

If the contractor did a good job, it is highly unlikely that this thing sticking out of the floor is not his doing, it could also go the other way that he didn't monitor his subs and did this issue, who knows.

On the city's brochure, there's no indication as how these escrow accounts will be set up and who will monitor and control them.