One of the snags I see with your plan is taking forever to get enough equity to extract for a down payment on a home in California.

If you find a great deal you can extract the money from on of your properties to finance the deal. * Decrease Expenses Consider creating creating a budget and getting a clear understanding of all your expenses and income and cut unnecessary expenses you'll be surprise on what you'll find. * Reduce Liability  I'm going to shoot straight. 

A: Only the full appraisal roll extract is provided as an electronic data set.

I just purchased an out of state rental this month and want to extract the down payment from this investment condo.I'll put it on market in March 2017 and do a 1031 exchange with 2 out of state properties.  

I'm a jack of all trades-- I can give you the best root canal, the most painless extraction, a beautiful smile. 

If you make this your full time job, I hope you could extract a 15-30% profit margin off that revenue.

The creditworthiness of the borrower would be a factor as would the ability to extract money from the borrower if they default. 

I think you are pulling money out of the deal somehow, but what money are you extracting from the property?

However if I do a BRRRR I can achieve infinite return by extracting all of my investment.

That is why I am considering different routes, and see if I can extract more value from this cash now.