We are looking into buying with creative options such as using a wholesaler, putting more money down, and house hacking.

With rent control laws in Los Angeles, as I see it, options to increase rents consist of:a) Cash for keys.

It's an out of state property, so going to check it out for myself isn't a viable option. 

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Interested in Lease Option/Rent-To-Own deals.

First and foremost, the city has maintained a reputation for housing affordability, making it an attractive option for both investors and homebuyers seeking reasonable property prices.

Yes, many DSCR options allow shorter seasoning periods.

What options are available for FHA borrowers?

I've been considering the same for investment options. 

When I approached motivated Sellers I would give them the option of selling the home to me, or I could put it up on the market and get them full retail price for their home.