We don't have any significant storms, floods, earthquake, wild fire or hurricane risks, which keeps insurance cost affordable.

@John Matthew Johnston 80% of the time, it's a thankless job:(You're never fast enough for complaining tenants, nor fast enough or cheap enough for owners.To have any chance of success, you have to be extremely organized, or every day starts with your hair on fire!

If the property is good, fire their property management.

California has seen huge uptick in home insurance, I'd imagine Santa Cruz has a high fire insurance

Where there’s smoke, there’s fire.

Misinformation stating that the guru dropped out of school, was fired from his job, failed in his business startup, but when he discovered” the “secret” of real estate investing, met with almost instantaneous success7.

Fire hydrants, sewer, water, road access, electric, flood way or plain, storm pond, storm sewer, setbacks, fencing, soil compaction, lot sizes, etc.3.  

I would say your first year is just for drinking from the fire hose, even if it means taking a larger split and not earning as much commission.

Those three one caught my house on fire and I ended up evicting 2 Tenant.

They held a webinar for the Ekahi fund and told them they fired the property management, false they quit due to lack of funds.