They have decent cash flow, but cash flow isn't super important important to me in my investing journey right now.

Building your network is also super important.

I’m not super keen on having long-term tenants in a single-family home in California, but I’m open to advice on that.The house is in decent shape but could use new flooring, a paint job, and potentially heating and/or central AC, as well as blocking/taking out the existing fireplaces (don't love the idea of fireplaces in a rental). 

I’ve seen many investors move their business banking to platforms like Bluevine because of the higher yield accounts and super convenient interfaces.

i would assume it's extinguished as well given the junior lien it is Georgia is not a super lien state where HOA can trump a first mortgage - you are correct

I’m super grateful to have started my passive income portfolio with Palak and know others in my group who have been successful as well!

I would just make sure that the unique living situation is spelled out super clearly for both parties.

This is super ridiculous I agree.

I wouldn't touch arbitrage with a 10 foot pole unless it was a super unique property and situation with an owner where I saw some longevity and buy in from them. 

As well as Sellers simply are not informed of the risk of devastating impacts to their credit scores and what equity they may have had in the property if the transaction fails.For a well capitalized Investor and or company and a fully informed seller these can be structured as you note with a Wrap that keeps the seller with  some control or ability to get the property back.