A lot of people who rent short term in the high end condos rent every year, and typically have right of first refusal to book their time for the next year. 

Don't books tell you if it's a deal the 💰 should be easy to get. 

We are analyzing a purchase near Vista and our partner on this effort looked up the following:1. https://www.airbnb.com/rooms/14292365: Small studio rental in same area; historic converted carriage / barn = $100/night with 14 nights booked so far in May = $1400 for month2. https://www.airbnb.com/rooms/9351161: 2bd/1ba guesthouse same area; non-historic and bland = ~$95/night with 24 nights booked so far in May = $2280 for month3. https://www.airbnb.com/rooms/17674810: 1bd/1ba same area; non-historic but well designed = ~$90/night with 19 nights booked so far in June = $1710 for monthYou probably would want to do more similar analysis on Vista before proceeding with the STR route. 

There's huge value in that book and his other ones as well.The only thing about house-hacking in LA is you aren't likely going to end up with cash flow on it.

so I definitely understand you desire to be in the city, it’s one of my favorites.

Well that one I'd round down and call it 562 even ☺Seriously, 4s and 7s are my favorite. 

I have just ordered the book by David Green  A little about myself, I am of Hawaiian ancestry and was born and raised on the island of Oahu.

Some of your questions were very braud and would require a much more in depth explanation or even a book to answer.

Scott’s book The Book on Flipping Houses, I am finding that this strategy is very similar to being a project manager and managing the triple constraints (cost, schedule,performance), which I enjoy. 

Ahhh interesting, from all the books, forums, and podcasts I've gone through I've never come across that nugget of information, although I haven't done much research on property management explicitly yet.