Anything that is not performing up to standards, doesn't fit my long term strategy, and/or I'm not 100% sure I would want or could afford to hold for the next decade (the duration of most RE cycles) is getting sold.

These are what I like to call recycled product ( Quote by "Jay Hinrichs") , which usually has a 5 - 8 year shelf life.

Either way, it's going from the mailbox to the recycle bin 99.99% of the time. 

Once I create a YTD P&L, or run the VA residual income calculation, or whatever, it's right there in google sheets/docs in the "templates" tab at the bottom, waiting to be recycled on the next deal.

Buying a pure rental (not house hack) in SoCal at full blown retail price at this stage of the RE cycle is not a very good strategy IMHO.

Often they just recycle others deals at higher prices.

Most retail home buyers are trapped in a particular part of the RE cycle ... they have to sell to get the money to buy.

I want to use this 100k to recycle into more/as many properties as I can.

“As consideration, buyer hereby pledges to pay seller 20% of net income from the Property for the next 3 years.”40) Hybrid OfferWhen your intention is to “Control and Roll” (flip, resell, recast, wholesale, recycle, etc.) and the seller is stuck on a higher price than you are willing to pay, use a hybrid offer.

Tenant agrees to follow municipal recycling ordinances with regards to recyclable materials.