Many will cover water, pest control, repairs to the roof and exterior walls, fences, landscaping, maintenance, security, insurance, some cover cable and internet.

Due to your location and the relatively low rise of water temp, I bet you could get away with one of their smaller models, which only draw 50 or 60 amps, respectively.

I don't know the statistic, but I'm willing to bet it's higher for partnerships. 

Regularvacancies are obviously never included in such insurance agreements, so overall, reserves would be the best bet.

Your best bet is to do a full rehab on the place.  

Number two FHA loans are not very desireable by sellers; they'd rather sell to someone with a conventional loan - or of course cash.Depending on the property your best bet might be a low down conventional loan (5% down) and then fund the remodel after the purchase either through hard money, family money or you can borrow from your own 401k for example!

Now that i really know im not going to be able to join, I just need to take advantage of all the free information that i can find on youtube and the internet.

Rent growth is why long term prime CA real estate is a great long term bet.

I think your best bet would be to put a long/medium term tenant in the basement and airbnb out the ADU.

The only thing that has changed is the advent of the internet making it more widely available and the marketing word Turnkey got introduced.