What made you interested in investing in this type of deal?

Eventually, they will follow the same fate.If you are dealing with FinTech. it is going to happen. 

Sometimes the long term capital gains are palatable and it may make sense for you to pay the tax rather than force a bad deal.

off market, novation agreement How did you finance this deal?

The bigger issues that need to be addressed by the operating agreement are how you deal with disagreements. 

You can find some 2 units under or around $250K but they have been sitting on the market for over 150 days which tells you its not a great deal if it were an investor woud have already purchased it 4 month ago.  

For instance, the area closest to Disney is actually less saturated and has many homes that can be renovated to a high standard and will book well.A bit further from Disney, in newer communities such as Solara, Windsor at Westside, Windsor Island and others, you can find deals in this market.

Since you're open to markets beyond NYC, you might want to connect with local investor meetups or REI groups in those areas to build relationships with agents, wholesalers, and lenders who understand the nuances of each market.If you're looking to break out of analysis paralysis, maybe start by narrowing down one or two target markets and running numbers on actual deals.

My question to y'all good folks: Do you know of, or can you recommend, a company or brokerage that deals in property management in California that I could work for full-time and learn everything there is to know? 

I’d like to put it into a large deal as a limited partner (LP).