You can still depreciate the property, perform a cost segregation study if applicable, and deduct ordinary and necessary expenses related to being a landlord.

Do you have any reason to believe it would perform well as an MTR?  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Deals performed without issue. 

think about it - you're trying to boost the ARV and then borrow as much as you can, which increases the mortgage payment on the refi. 

I performed a 1031 exchange last November 2023.

However you can still out perform other investment options with RE.  

In Sacramento county you can access the county clerk recorder website (http://www.ccr.saccounty.net/Pages/e-ROSI.aspx) You can perform search by party name and/or decade, year or date which includes Deed of Trust, Reconveyance, Grant Deed, Judgment, which are document titles against party name that also includes book numbers (19941221) and page (0045) Again property address is not published.But this search won't help you with probate leads unless decedant (likely) had proerty.

I already have a property in California for appreciation and am now looking for another to boost cash flow.

How do you plan to out perform the competition?