I don't want to jeopardize a close so my question is....does that one property under my SOLELY owned LLC count towards my 10 limit or not?

I was told by a chase mortgage guy that rental income from renting rooms in my own apartment won't count.  

I don't think any "real" investor would invest in a buy&hold in CA right now...Doesn't make sense and counting on capital gain is way too risky as prices are at near all-time high...There are some flips out there but as @David Faulkner said, it takes time, knowledge and sweat equity to find those. 

Fingers crossed!

Things go for about 10-15% above list with all cats or other strong offers, no contingencies or inspections on many.Most Alameda deals that cross my desk have the inspection and appraisal contingencies in place... don't eat up the hyperbole! 

Fastest, Google the area, using all cross streets, etc. to identify the block, show just the street map of the block on the page -- Print.  

Rental days are counted from 7/1/16.  

I would be okay with this I could assume the property will appreciate and I can sell in a few years (I know I can't count on appreciation).

As long as the tenants pay the mortgage then hold it for 30 years and then count it as your retirement or sell it in a few years if the market keeps going up. 

But it is so worth it when you put carefully screened tenants into the units (fingers crossed!)