After nearly 3 years of operating history, I'm concerned that the properties are not performing well enough to warrant continuation of the venture, and I'm considering selling.

It's just that with Cali, there are many additional hurdles between you and success.

You need to actively participate in order for it to be successful.

For your property to perform well, I would want it to rent for around $1800 a month to cover expenses and provide some cash flow.

Building a successful real estate portfolio takes a ton of time, effort, and capital.

In the meantime, maybe look into refinancing options for the short-term rentals to access some equity, especially if they’re performing well.

As I’m interested in real estate, I feel like your success in this industry is about your connections as well as  having a good mentor.

For everyone else....a small, local lender will be your HIGHEST probability of success when trying to find "Line of Credit" lenders on investment properties.

They cost $800k+ though but well worth it when want investment that actually performs profitably.

If you’re ever in need of fast, flexible financing to scale your projects or want to explore how we can work together, feel free to reach out.Wishing you continued success in your investing journey, and I look forward to staying connected!