Turn-key would likely be the smoothest, but I am open to a fixer upper if the numbers work.As far as the unique funding, I am an equities investor with accounts held in trust and therefore my taxed income is quite low which limits my options unless I opt for a portfolio loan or separate entirely through a DSCR loan.

I saw your clarification about it being renter occupied from the get go so as long as you notify your insurance company that you did a quit claim deed from your individual name to an LLC you shouldn't have a problem since it was written correctly from the beginning (as a DP3 - Property rented to others). 

Living in Southern California, I realize the market here is quite expensive, and I’m not sure if it’s the best place to get started.

The power plant near there helps quite a bit.

This can be extremely costly.We have a two step program has no waiting period at all and will end up being quite a bit cheaper then the 3 month waiting period on closing costs, rate and NO pre-payment penalty. 

Hello everyone, first post on BiggerPockets and I have been reading up on REI for quite some time now and getting close to jumping in.

As a professional management company we have a 10-Day or Quit Notice for late renters.

We've recently received term sheets for hard money from Conventus that are quite competitive. 

They did not reopen for quite a while.That's the reason why I made no mixed use investments in small towns, too many societal changes, business issues, zoning regulations that can trip you up.The other issue major is that some businesses are incompatible with residential use.

The one who did charges $3,000 per loan.I may be interested in your event in the future, but not quite yet.