I've done JV deals with clients in the past, but usually they are not local, so my expertise and locality is something that they don't have where they are.

Financial Advisors and CPAs often refer clients to one another.

Some of our clients are good with software and invest in private software ventures.

From what I understand, the clients are paying them for a service and not an actual "tenancy".

As for Stockton, my husband has a client that just bought a live in flip there (that guy has done a few in the area. 

And it beats trying to find a nice quiet place in the city to catch a nap, or get a few minutes of quiet time to unwind, or even complete some business work (used to think Starbucks served this purpose.)An interesting concept that has lead me to wonder if anyone else is taking advantage of this in conjunction with their AirBNB strategies, or any other strategy.

Seems like at least half the bad ones were not clients but on the other end of it.

I have been making offers for clients and getting rejected left and right with 60-100k over asking.

If you don’t  know their new address their old address (your rental) is where you send the demand letter and have them served.

I had a similar idea by attaching myself to an real estate agent so that they can refer me to clients buying properties to rent through Airbnb, but I like your idea even better.