The price is about as low as you can go in Southern California.

@Khaled SeirafiRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I am currently searching for a job in property management because I feel it will give me solid experience and knowledge to tackle my own properties one day (and I am in need of a career change).

When revenue is low in the first couple of year, so is the interest payment.  

What's the current inventory in your market and are you competitive?  

My father is a contractor so we will be able to complete most of the work ourselves while keeping costs low and add equity.

And although I'm grateful to have found another lender to get it done, it cost me more money in points, a higher interest rate because of the current rate was higher than previous, and I had to buy another appraisal for $750.The response I received from one of the founders of the company states: "We are not able to refund any amounts at this time as the time of quality control has passed....

And of course, if your actual cash value is less than the current mortgage(s) on the property, all of the cash value payment will go to the lenders. 

Use the 20K as a down payment on the next house hack and don't touch your current properties equity.

@Mike BurkettI am currently speaking with Elite Funding Group LLC on a mixed-use property.