Welcome to BP.One of the things to consider is we have 3 different states in the area with wildly different laws on this topic.

The unique situation is that my tenant is also my son, and he is ready to start looking for his first home.  

Hey, has any of you guys done the Multifamilystrategy mentorship?

Basically, they are abbreviated inspections that focus on the more expensive liabilities that investors are looking for instead of under-caulked windows and damage to drywall.

In this case the current financials on the property aren't great(rents well below market value and the owners family living in several of the suites) so the lenders will likely not provide the funding based on poor NOI.  

Welcome to BP.I am not sure on the course offerings, but @Dave Meyer's latest book, Start With Strategy, would be a good primer that goes to the question you are asking.Are you talking about an overview on all asset classes or more of a how-to on getting started and prepped to invest?

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 permitting process takes just about 3 weeks.5.

Looking to knock out all credit card debt early next year and rebuild the 6 month emergency fund.

Take over the rent to own agreement from the existing tenants, or something else?