I like the cash for keys idea, I imagine it's something we want to work out with the tenants prior to closing. 

But my partner got licensed and we were able to work out a deal with a broker, that we've had a solid relationship with for many years.

This was due to the fact that I did a 1031 Dec/Jan 2020 and two of the three properties I picked up were in 2020, so it apparently couldn't be worked out because the two properties' income couldn't be averaged over past 2 years for the DTI to work out... 

Hello @Joshua Jackson welcome aboard and I hope you real estate ventures work out great for you. 

Send me a message and we can work out a time to chat. 

So it could potentially work out if we invest and live in the property - our kids are in Irvine schools- vs. continuing to lease and invest in a different location in OC or beyond depending on the market!

How did you work out these questions and develop your own vision/goals?

@Diane HeidkeI own a few condos in NC, to answer your question if the numbers work out buying a condo could be a good way to start out.

It is very modern, listed under market value, has a good sized backyard for the area, and is also a house that I could happily move in to come July of next year if the airbnb model did not work out as planned.Your last point of a true vacation rental that a family would really want to spend a week at is hitting home and making me think harder about them.

I'm telling you guys this because its okay for you to change your plan or approach,and as long as you stay focused on your long term goal everything will work out.