Another angle you could consider is to diversify into different asset classes to reduce your risk, potentially continue your low tax burden and earn cashflow passively through 1031 exchanging into Delaware Statuary Trusts (DSTs). 

Notice that the article doesn’t cover asset distributions (only the exchanging of stock).

Q3: I'd be happy to do a CMA and underwriting for free if you'd like to DM me the address so I can give you a more precise opinion.

Can this used in a 1031 exchange?

We sold 2 properties and did a 1031 exchange and used a combination of hard money and private financing to acquire the building.

@Lee Falkenhagen no particular reason other than Cozy was recommend to me here on BP, and offers me the ability to complete more steps of my process than a straight money exchange program would (background/credit check, rest analysis/estimator, offers the tenant the ability to make service requests etc.).

You cannot spend too much time on any one door because you cannot charge beyond the market rate for any single door, so each door needs to follow the process efficiently and precisely. 

If you do not have enough equity in the home you may want to sell it to break even or 1031 exchange into a property with a positive cash flow.Unless you are in California there are multiple States or Counties to buy a good investment property that can cash flow.

Appreciating coastal properties are perfect for hands off investors...set it and forget it...no need for precise execution. 

Plus you’re guaranteed to eventually owe CA taxes even if you exchange out of California unless you hold it until you die.