I still think it's a good investment based off the numbers above regardless. 

Or just wait until a year passes and he can rent it out  Following - I'm based in California in The Bay. 

I’m a full-time sales professional at a global GSI, so I’m seeking relatively efficient strategies.Has anyone successfully used cash-out refinances, 1031 exchanges, or other equity-based approaches to boost income?

BTW there is a free trial and the Starter monthly plan is $119.It also allows you to search through consumer information such as property owner "credit worthiness," Credit card usage, buying power, age, language, family members in the house, and many other fields that are above and beyond property characteristics, which is unique.

I want to be able to find potential markets/listings nationally based on the return. 

The home was built in 2006, great neighborhood, close to the highways, close to everything new that is being built, close to a military base.

I think I’ve covered my bases, but I’d love to connect with others working on similar models or interested in this niche.Looking forward to hearing your thoughts!

Based on some of the research done, I am inclined towards starting out with a small multi family investment property (2-4 multi family home).

Here’s an example of what I've used if they don't qualify based on what's on application. 

-based investors.