DM me, and I will send you contacts for attorneys, lenders, and accountants they have previously used.

Are they efficient at doing the electronic payments from the tenant's account to the landlord's account?

Basically, the consensus is that you just need to fill out an additional CA tax form every year once you go out of state, and that can be done by your accountant. 

Simple accounting needs In that case, Azibo may be a great fit.

I should note, I still think it's worth trying to take long-term things into account.

I've seen some posts arguing about design and color scheme choices that are in and out of style in rehabs and flips so I figured I would give my first hand advice.

Also if you have very good banking relationships you might get your local community bank that you have all your accounts with to do a loan..

I also estimate that, after accounting for a 10% vacancy, I could rent the property for about $1,800 per month.Even with that ($400) cash flow, I still feel like I’d be better off than where I am now, between the experience I’d gain, the equity I’d build, and the appreciation and tax benefits.

As long as you own the property there shouldn't be any impact tax-wise.If you need further guidance after reading the post I would recommend doing a short consult with a real estate "savvy" accountant.

I am preferential to medium/long term rentals so my exit strategy would not be applicable for many years.I make a comfortable living and have a surplus of money saved up but don't want to liquidate my entire savings accounts so I can get just one singular 200K property that may cash flow for a couple hundred bucks over the next few years.Am I missing something or being overly cautious?