We have family we can stay with so we're not in a huge rush on the buy side but here are a few ideas we're throwing around.1) Look for a SFH in an area with a lot of appreciation potential in the next few years (thinking Inglewood in light of the new stadium and all the development down there) 2) Look for a 2-4plex in Torrance/Redondo area- live in one, rent the other.3) Look for better cash flow and lower purchase prices out of state- would focus on MF properties.Once we narrow down which direction we're going in, I will absolutely reach out to those offering their services/expertise.

I think I'm going to lower my target purchase price so I can pull the deal down myself, rather than having to rely on his income to pass the lenders tests.

Typically folks buy turnkey out of state so they can hit the lower cost markets. 

It sounds like the PM was trying to do a quick, lower cost job to save money, and while it didn't meet your expectation, I feel it could have been prevented with better communication.

In real estate investing, there’s always demand for apartments in good and bad economies, so multi-family real estate is considered low-risk and therefore often yields lower returns.

I have them in 3 of my student rentals where I supply the heat, thermostats are locked up and I can monitor, turn off and on the heat, raise or lower the heat from anywhere.

Looking at those terms they sound fairly reasonable, 8% is actually lower than the standard in St.

I am unable to understand what you are implying or how it in any way it could possibly help get a property out of an S Corp without causing a taxable event. 

If you really want to gamble your risks would be lower at the race track.

As for the "feel like I am buying a safe investment but not achieving a high yielding asset", well that's kind of how investments work, more risk=higher potential return (higher yield) the lower the risk generally = the lower return.