Congrats on setting yourself up for lifestyle and financial freedom in the future.

I would say that lifestyles unlimited would be the perfect next step for someone like you.

This is not a chicken or egg question it is a chicken or tractor question.Keep in mind buying a personal home is a life style decision and not considered to be a investment per say, many view a personal home as a liability since it is not generating any direct income.

something else to at least consider - could you house hack in a suburb or exurb of LA and still maintain your lifestyle? 

Take additional savings and any cash flow from this first piece of property and start looking for the next investment...and so on and so forth.In general, STAY AWAY FROM THE HIGH CONSUMER LIFESTYLE!

However, everyone's comments has made me realize that maybe they do not have the best credit and want to live the lifestyle while they build up their credit or while they save money. 

The Key is always budgeting and prioritizing your goals, everything in personal finance is “personal” no ones goals and lifestyles are the same and they shouldn’t be treated as such.

All proceeds made from the business I don’t eat it for lifestyle consumption it gets reinvested back so its one of two things - you may need to feed yourself from a business but have the luxury of giving it atttntion full time or you can supplement it with a job and Partnerships which is what I do today.

So while the 401k might be a stretch today and a burden on your day to day lifestyle and your other investment choices, it wont be soon.

This means that essentially I would need to have 14 properties in order to make enough cash flow to support my lifestyle and pay my bills.