keep in mind most investor on BP of course like to regurgitate this mantra" I am a cash flow investor  Appreciation is gambling "  LOL  not sure who coined that term but it sure is prevalent on this site. the stuff I am funding for others rents are more in the 700 to 900 range.. from what I can see..  

https://www.wdrb.com/in-depth/...

They'd probably be thrilled to be paying $200 under market and you'd have an extra $5K a year in your pocket. 

Anyways I imagine the insurance company will be thrilled when they get the bill.

In case I don't sound thrilled about California -FYI, I'm not.Then I found Columbus and honestly it didn't take much convincing for me to realize that I could take my profits, and quit my job, and buy 2 homes in Columbus - one to live in and DIY fix up/house hack, and one to rehab/flip - and build a business out of that. 

Everyone else has been thrilled that they don't have to mess with it. 

Now I had just had a newborn at the time and quitting and betting it all on that career path was not something I wanted to gamble on my family's financial future.

Frankly, I see everyone who owns a rental in California just gambling with their future.

Why not be thrilled with your first successful venture, give it a bit of time and allow it to appreciate and for you to save the money you're making each month (and/or save more elsewhere) and then find another great investment like this one?

I'm less that thrilled with my current Credit Union's service so I'm looking for a new financial institution.