From what was available, rooms seem to be renting for around $1000.

Similar products are out there, non conforming full doc loans might just be your best bet.What part of California are you looking at?

Whether you're looking to continue generating income or upgrade to meet market rents, this well-maintained property offers both flexibility and value.

Like @Trent Reeve said, it sounds like a mortgage to me as well.

Would be fun to see some fellow BiggerPockets people there. 

@Jake Jones I'm in Idaho as well.

Despite it being the holidays, he answered the call.

(Ask this of the company as well as the property manager who will be managing your property)- How many units do you currently have under management? 

We have never partnered before and have been talking about this with our new partner for years.This is the deal:345K SFH100k from the partner, (68K DN Pymt, 32K rehab)He is only an investor in the equation but wants to be a partner not the bank.

@Dayana Castellon the only marketing that would make sense is marketing Airbnb & VRBO are NOT covering already.Maybe market directly to insurance companies looking for rentals for their clients needing temporary housing while their fire-damaged home is being repaired.Corporate travel departments might be another option.Hospitals with resident doctor programs.The challenge will be doing this marketing efficiently enough to make it worthwhile.