Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

You should consult with an attorney in your state to make sure that you are using the best asset protection strategy for your situation.Your budget: The cost of asset protection can vary depending on the type of protection that you choose.

As you can tell by my post, I believe that the conventional and popular advice as to how to begin a real estate investing career is heavily flawed.  

It might require somebody with experience.Sponsors sell investors on an alignment of interest (and you'll definitely get that pitch hard from the sponsor-guru types), but an analysis of the math behind these transaction structures can prove otherwise.

Also you vetting a tenant is crucial here:In these types of leases the tenant is responsible for paying not only the base rent but also all additional expenses associated with the property, including property taxes, insurance, and maintenance costs.

There are benefits to both loan types but this comes down to each individual borrower's situation and finances. 

Additionally what could be good indicators to identify a good investment property in Bay area, which locations are currently suitable for such type of an investments within 50miles?

And yes I’d have no problem tweaking my strategy and doing it as more of a buy and hold type thing.  

I would also suggest talking to a couple of lenders now to find out if they see any issues as a result of the type of deed.

That being said, I will do my best to share as much as I know about this type of financing, in the simplest way possible."