That means to deploy $500,000 you are going to have to find 20 houses like that, rehab them, put a tenant in them, and then manage them afterward.  

As we have all seen, Californians are leaving in droves over the past couple of years, and fleeing to Florida, Texas and yep...Arizona.As long as we continue to stay under LAs housing market for affordability, we are going to continue to net those homeowners wanting an upgrade to a bigger house or lot. 

You came to the right place, Kwanza! 

Any advice on different ways to fund a flip and find a flip??

You get to harvest the equity tax free.

Is there a way to passively track mortgage rates on 5+ residential apartment buildings?   

Networking/Wholesale relationships has worked best for me so far, or just talking to my sphere of influence.  

@Bryce MillerWelcome to BP!

Now, you need to figure out how to find deals and pay for them.

You may want to see if each partner has enough passive loss carryforward to offset the gain.