My wife Gloria will soon be licensed.We look forward to communicating with investors on every level as I already know quite a bit about real estate but could use a good mentor who has done more wholesaling and money raising.I settled in CA to work in the animation industry and have done so for 18 years.

Especially when you have crazy tenants that look like they'll eat you.

Also I believe that you are required to add PMI to the loan as well which could eat into any cashflow if you are going the duplex route.

It seems like a whole different animal, and any advice would be appreciated!

Call animal control on them and say you have a random animal in one of your units.

I don't see huge population growth so any new project will take from you.Inflation, depreciation. rising costs and competition are all eating at your NOW cash flow and you have NOTHING to combat it with. 

We really don't want to eat up all of our available cash on this deal and I'm pretty sure we couldn't finance something like this.

Fix & flip is a different animal.

I agree with @elisabeth  3% taxes and insurance south of I10 can eat some cash flow.

The reason I said i can't 100% guarantee because it is hard to tell on the MLS.Do you like to eat seafood and take walk to the beach to see sunset?