That's a discounted price for landlords who are under Empire Property Management (my mgmgnt company).

(I understand that I am in a different phase of my investing journey where I can be safer and younger newer investors will be doing much higher LTV and trying to grow their empire.)

On paper build your empire.  

Investors in L.A, San Diego, the Inland Empire, Central Valley - up and down the state are making a monthly cash flow on investment properties and not one of those areas will every make an 'experts' list of markets to invest for cash flow.   

I also live in Southern California (Inland Empire) and I primarily invest out of state.Having said that, everyone needS a place to stay, so I would House-hack.

Live where you want, you can build an empire across the nation

That said the ordinance was enacted citing empirical data supporting that the preponderance of lead contamination cases stem from poor census zones (why the ordinance starts in specific areas vs others) and that cases occurring in rental properties largely stem from smaller apartment units 1-4 in size. 

Move into other more desirable markets now too: Cali, Florida, Carolinas, and now you have the stability, the structure, the experience, and the capital to never stop building your air BNB empire.

These folks are imagineers that have a real estate empire in their own heads.Many folks that fill out the "Find a Lender" form just want to talk to someone for educational purposes and are not interested in actually purchasing a property.

Others have built rental empires.