Many investors have had to get creative by emphasizing other property perks, like pools, proximity to local attractions, or unique experiences, to offset any beach access challenges. 

The challenge for me will be to attempt to mirror this type of financing approach to Southern Calif. real estate. 

There's no one size fits all of course, but generally the STR/MTR/LTR mix in a multi-family unit can be challenging because the way renters utilize these properties is so different.

You can try and fight it but does not mean you will be successfulI would also be curious to see what your property insurance looks likeFor me this is just another example that home prices are gonna eventually have to soften as between taxes, insurance and Interest rates home affordability is very challenging

Challenges?

Accepting any payment will make eviction more challenging but some states/localities prohibit you from refusing partial payments, so you have to know your local laws.

Being young will present challenges in a field where experience is highly valued not just with lenders.

People all of the time, "over estimate" the opportunity and "underestimate" the cost and challenges in doing a profitable flip.

Due to current market conditions and unforeseen financial challenges, we havedecided to temporarily suspend distribution payments.

This usually works where there is a lot of garages.If you have the means to solve the financing challenges a tic/coop can be another sophisticated value add.Note this is just some value adds.