They will have the mentality that their neighbor stole from them for a very long time and they had to personally carry the burden of their neighbors non-payment. 

Although I have a biased opinion, as does a non-agent, let me assure those in doubt that it's much more than filing out a couple of forms, especially on the listing side. 

If the worst were to happen and you needed money for medical reasons do you have an adequate emergency fund. 

I would invest in other "red" states that are more landlord friendly, as CA is one of the least landlord friendly states so it could take anywhere from 4-6 months to evict a non-paying tenant. 

I'm the Campus Director at a local non-profit and my wife is an Occupational Therapist.  

Currently I am currently an analyst with the loan originations team at a non-bank commercial real estate lender. 

I know some people use buying agent, but I don't see them as necessary or really a big value for them for those non-SFMs.

Brian...thanks..... if you buy a note and get a deed transfer it works easily once the banker or lender agrees...might take a few arm twisting but they do not want non performing notes at the bank.Pretty easy really...and gets a owner off the sherrif sale hook and the bank is finished with a deal going bad fast.

I am going to be sending out a non-renewal on a lease that expires June 30th.

You may have to use non prime hard money if you looking for terms close to bank rates.