My name is Noe (No-ee) and I’m a real estate investor currently based in Southern California.

I'm working a lead and the seller gives me permission to visit the property after confirming a time with the tenant.

Assuming you spend more than 750 hours managing your properties, you would have Real estate prof. status.   

Now we negotiated ALL of the $60K Option Consideration funds paid to be APPLIED towards the $300K Property Purchase STRIKE PRICE.

There may not be a lot of equity in it in just 2-4 years as real estate isn't increasing in value as fast as in the past.If you want to build a rental portfolio, your unrentable condo isn't going to help.Buying a new primary, that you can eventually rent out, would be better for building your portfolio.A challenge will be finding a new, TEMPORARY home, for your family that will be a good rental when you move from the area.

I'm working on a new investment property. 

Im currious the kind of loan option available for this kind of property.

Or there are properties with reasonable views but don’t have a pool.

I have a rental property.

I highly, highly, highly suggest developing a relationship with a really good local agent that understands real estate investing.