The term "reasonable" is going to be redefined.

I actually got caught up in the creative finance bubble of trying to lock up properties way over their value just because it had creative terms not realizing that if you were to buy a property at 120% of its value you will never be able to refi or sell without paying out of pocket.

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

Highlight the “family-friendly” perks, like extra beds, pet policies, and flexible terms.

You set your own payment terms with YOUR client and then find funding for them.The Capital Syndicate is a private lender firm that offers financing through their own company, but they also provide you with a list of about 150 other private lenders. 

These type living arrangements are primarily short term until user circumstances change

My short term goal is to start investing in single family homes/duplexes within 100 miles of Boise as long term rentals.

Quote from @Andrew Lawlor: I've been actively investing in short-term rental properties for the past three years, managing one live property and another that will go live in two months.

My mother is a RE agent back home in California (30+ years), I have one rental property in Virginia Beach, and I'm mostly interested in BRRRRs, flips, and long/medium-term multifamily properties.

Shorter term deals though, they will hold 2 to 3 years, sometimes less.