So using a modest cost of money, the negative is $1,760 ($6k - $4240).  

With modest rent increases next year should be $24k/mo. $288k/year.

From my perspective, working with a company that will do all the registering and serve as registered agent isn't very time consuming.

In @Rick Albert numbers starting with a negative $110 equity position consumes years of cash flow.  

MANY years ago some modest houses were built with LOW ceiling heights below 7'.

We are seeing signs of higher demand even though rates remain high, months of inventory decreasing, multiple offers becoming very common again, and consumer confidence increasing.We are expecting these trends to continue as the news headlines continue to shift and report much more positive market conditions.

This may be time consuming, but it's most certainly a lower risk way to get your beak wet than syndication or flip funding or some other arrangement where you'll have to place your trust in others, plus I would assume that syndication/flip-funding deals in your area of CA would also have higher capital requirements than other US locations anyhow. 

Though it consumes some cash flow, and whether that's your primary focus or not, It makes life much more hassle free.

I tried to get an idea of heating cost from Consumer Energy, however with no luck. 

Emerging Trends**: Like many cities, Mobile is experiencing shifts in consumer behavior and workplace dynamics, influencing commercial real estate trends.