Certainly doable, but be ready to grapple with the competition.If your goal is simply having an income-producing part of the property, another option is to look for a home with a basement apartment or carriage house.

With that being said, there are a lot of people out there talking about “equity multiple” and simply multiplying the acquisition cost by the equity multiple suggested, and giving out the random disposition amount.

@Ron S. even though CA law says 5 days and full payment needs to be made this can be waved by the bank.. they are not obligated to though as you so correctly point out.basically you need to do these deals outside of escrow you need to know how to do your own quick search and take the title risk.. then you get the seller to sign a grant deed over to you and you go record it.. then you get your funds wired or cashier check couriered to the trustee.that's how we did it.. not enough time to use title company.. that's why its so profitable if done right 98% of your competition simply can't do this  either lack of knowledge or lack of funds or both..

I would rather use my time to find deals and line up financing and things like that, than cut wood and lay floors and tile.

My state has taken the stance that transactional funding is a red flag to selling real estate without a license.IE they had to advertise the real estate to get a buyer and that using tran funding is a clear market that they had no intention to close on thier own and its part of their scheme to circumvent the RE brokerage laws.I finally got feed up with the is it OK is it not.. and got in touch with our state regulator.. and advertising any property you don't own in our state is simply not legal.. etc.. but then again they only go after folks if a complaint is filed.. they are well aware of this activity..

This allows me to cut down the no show tenants and remove the curious neighbors/landlords.

But you're not looking for accurate simply to satisfy a reporting requirement.  

I don't mean to insult you but it sounds like you're not cut out for managing rentals.

Many of them such as crowdstreet, simply connect investors with existing sponsors.

Cut the lawn.