Property Taxes 11,000 yrly, insurance 4930 yrly.It falls short of the 1% and 20% rule.

This is relevant for multiple reasons 1) appreciation is where the real wealth is generated in RE 2) real estate has tax advantages over cash flow 3) in CA property tax increase is capped.  

Let's see: You sell one property, and to avoid paying cap gains tax, you then reinvest those profits within 45 days into a larger "like kind" property.

Moreover, local governments may offer new incentives to developers to keep interest alive during this pause, such as tax abatements or infrastructure investments.ConclusionWhile the BlueOval City delay has caused uncertainty, it hasn’t changed the long-term outlook for the region’s real estate.

@Randall King If you find the property isn't performing well, a 1031 exchange would defer the tax and concentrate that equity into something that has a greater cash flow potential, like what @Corby Goade said.

Quote from @Leo Ray: LOL ....next up: a videogame simulator for doing your taxes.

It can mean being an affiliate service provider: GC/sub trade, sales broker, debt provider/capital markets, property management, real estate attorney, real estate focused tax professional,  etc. 

And then buy a few SF homes in good school districts, probably outside of Milwaukee County for lower taxes.

I've never been amenable to systems that insist on a monthly tax on my business.

Endless Prop Tax Housing levies to pay for low income housing.