Your current broker might demand fees but you figure out if its worth it..I had a similar situation where I wanted to release the current attorney I was working with to work with another and ended up paying $500 which didn't really hurt me much..

We, for example have far more investor demand than quality deals to offer.

Sac County has a 2hr on demand course where you can be certified to do your own inspections.

I'd like to build up a cash reserve through this first property so I can re-allocate the cash flow to additional properties in the future.The reason I'm looking into PS is because I live in LA and it's a relatively close proximity, with seemingly good short-term rental demand throughout the year (although mostly during winter and spring months).I'm wondering if anyone has any experience in this market? 

Newer builds in a high demand area may not produce the cash flow that you would see in an older, cheaper area. 

I found a property i like near Morgan State for a similar model.I have concerns regarding supply/demand for that area. 

If buying 1/3 share had a positive cash flow that meets your plan or goals would lean me towards "yes" but there are other things to consider like positive cash flow, demand, job growth, population growth, its location, etc.. 

The numbers can work extremely well renting by the room here and the demand is incredible!

Doubtful he can find that at a much more competitive price.Assisted living facilities are also in very high demand.

Issue her a rent demand ASAP and then follow up with eviction.