Nick, You're probably looking for a Non-QM bank statement loan; the interest is slightly higher but will get you into the house.

He did make an appointment and go into the local office, and they were very helpful.

I know someone doing very well with the franchise so I think it might have to do with the personal background of the investor getting in to the deal.

Thoughts on purchasing a multifamily with fuse boxes..9 units, so a decent expense to update and the one thing that could make or break the deal.  

They have a good and simple lease builder as well.Use rentometer and the BP Pro rental calculator to be sure you price it correctly, and take into consideration any expenses you might not have considered.

If not, it won't happen that way and you will have to look at a lease option to purchase.Please note that $2000/mo lease is probably a better deal than a $300,000 purchase taking all factors into consieration.

I am looking to at least break even in California.

As mentioned you can do a lot with outdoor space without breaking the bank.

Still learning.How much actual cash have you put into the deal so far? 

After doing that I wanted to get into multifamily rentals but I'm wondering if that's even the right way now.