With the limited access in Yardi, you won't be able to adjust account trees and create multiple customized financial statements. 

This sudden jump in rates has not fully caught up with market cap rates yet since especially in the commercial and multifamily property markets, transactions typically take 6 months to transact, creating a lag effect between interest rates and market cap rates since interest rates adjust daily.

Having developed a majority of my career in CA the regulations and red tape for construction and development are intense. 

Then it adjusts every 6 months after that.

Kudos for taking action and adjusting course when needed!

The carrier rating for Obie policies range from A+ to A-.You are probably aware that many carriers are leaving the State of California due, in part, to the significant regulatory challenges they have with making adjustments to their products that the state always has to review and approve.

I very much appreciate the honesty around the current state of the market in the area and I will make sure to adjust our projections accordingly.We are excited to start our journey and looking forward to contributing to the BiggerPockets community.

If you are passive in those rentals (not real estate professional for tax purposes which requires 750 hours of real estate), and your Modified Adjusted gross income is over $150,000, then the cost seg is not actually going to save you any taxes. 

If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work. 

House hacking is generally not as capital intensive so you can continue to make money in stocks/index funds.