I can provide you with some CPA and lawyer references that support real estate investors.

This is my first deal and I wanted something to provide me stability for future me

Quote from @Roger D Jones: SamEveryone here is providing great points to consider and if you were my son I would say that at 360k this 'dog needs to get put down'. 

An other advantage of paying with credit card may be that you will not have to send the provider a 1098 tax form (only an issue if the total yearly amount is over $800). 

How is that different than the information they’re providing on the investor webinars?  

Patricia,I wouldn’t rely solely on the seller’s agent, as they are only sharing information provided by the seller and represent the seller’s interests, not yours.

So glad you could provide a better insight.

When you have studied your market properly you should be able to provide the answer of if single family or residential multifamily is better for cash flow. 1% rule was for a time when almost all deals were decent as a way to rule out the lessor deals and concentrate on the best deals.

You guys could also use the media to let tenants know California landlords are organizing a database of non-payers with no landlord provided written evidence of hardship to help everyone screen future tenants...and do it.

My advice without even hesitating, I wouldn't rent anything that doesn't cash flow and provide a good cash-on-cash return out the gate.