Whereas the cap rate on active listings are 5, 6 range.

🏡 We saw the number of active listings at 8,875 houses still on market to end the month, vs. 10,934 at the end of October (see chart above).

Not knowing who the person is and hiring them without seeing an active job or a job they have ever done 2.

Are you wanting to stay an active investor or get into some more passive investments?

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

California's housing prices are too high for our budget, and I'm at a loss.I'm seeking your advice on alternative ways to use these funds for good.

While BP has a rent estimator as does rentometer.com (both allow a few free uses, I believe), I agree with @Zachary Deal that your best bet is to seek out guidance from either the listing agent or a property manager well-versed with the area. 

If you an active syndicator I'd love to connect. 

Uses the syndication depreciation losses to help offset active incomeI did read your post mentioned above @Michael Plaks which is very informative.

I did send a message through Instagram to Mindy, but I don't think she was active.