Alternatively, if you use FHA 3.5% financing, your CoC will be very high, but one hiccup and you are cash flow and CoC negative.  

I am currently involved in a development project of 239 units in Northern CA. I understand CA civil code states that any apartment community with more than 16 requires an onsite manager if the owner doesn't live onsi...

You could look for a low interest refinance and get an open line of credit on your current property as an alternative.

suspect some only get certain news with alternative facts.

is there another alternative or methods I could be doing to better protect my properties?

Fidelity does not offer alternative investment options so you will need a new custodian if you wish to invest in syndication or other alternative investments.

In years past, buyers frustrated with the competitiveness of the area’s resale market could reliably turn to new construction as an alternative.

A key thing to remember is that when you house hack your cash flow will not be as high or may even be non-existent as in my case while you live there but your housing expense is significantly reduced compared to other alternatives.

Another alternative is file an insurance claim and have your insurance company battle it out with the HOA. 

Alternatively, @Sarita Scherpereel would be a good real estate agent for that area.Also, sounds like you need to speak with a lender who understands investing, connect with @Michael Facchini or @Zack Karp, both of them work with investors and set up straight.I am not a fortune teller, but I can tell you are definitely on the right path and a property is in your future hahaReach out if there is any other way we can help you.