And what's the long term vision: Is this 1 house or you plan on building out a portfolio?

@Rehaan Khan yes as said the term is "Seller Financing" however I sugest you do not use that term as it might confuse the seller.

While reading your post I was thinking "sell the Cali properties", but with 3-4% interest rates (and I'm assuming those are long term fixed rates) you will be best off to cash out refi (non-tax event) and use those funds to buy multifamily.

THE AGENT MAY NOT UNDERSTAND ALL THAT TALK, PLUS IT'S NONE OF THEIR BUSINESS WHAT YOUR GOING TO DO, AS LONG AS HE RECEIVES 3% FROM SELLER,  THE $2,000 FROM YOU AS WELL AS HIS CLIENT SELLING OFF HIS PROPERTY AT THE PRICE CURRENT LISTED PRICE (OR WHATEVER YOU NEGOTIATE) ....

This can be advantageous because it often allows for more flexible terms, such as lower down payments and sometimes even lower interest rates.

Just curious, how long are they giving you to get compliant?

However, with my 1 short term rental I am struggling to remain confident that this is the right strategy as when something does happen it seems I lose at least a couple days with them dispatching and then following up.  

I want to know if it is worth doing it and how long we should keep it?

It’s a fairly sophisticated operation, with an unusually long time lag between first identifying the unclaimed funds, tracking the beneficiaries, obtaining a contract from said beneficiaries, gathering all the documents needed for “proof”, dealing with numerous government agencies, and finally hopefully having your client receive the funds and you getting paid.

In addition, there are terms that must be considered.