How consistently has it show that it can be profitable. 

One, I made a profit; other one, I kinda even out.

These carriers are not profitable in CA and CA laws and regulations do not make it easy to mitigate these financial struggles. 

And therefore competition among tenants can create significant challenges, like...Businesses may struggle to establish a unique presence and loyal customer base, and a lack of profitability due to nearby competition will likely lead to higher tenant turnover.

That is $5,400 or so per month so $1,600 profit.

Take some cash out to use as a Down payment on a new investment property.You can also transition your current home into a rental property and buy another primary again less down.

hey @Matthew Toporowski, at the least I would check their financials/tax returns to see how profitable they are (which translates into how easy it will be to pay your rent).

(The Tri-Ad administrator has never heard of AHP and transition has not been easy...)

A free property is great... but if you find a deal good enough to BRRR (which can prove challenging) take that profit and invest it into a revenue generating activity.

Fix & Flips can be profitable too, but the key is knowing the local buyer demand.