Take a look at some trade accounts and a line at the Big Blue and Big Orange if you are going to self manage.  

Stunning nature with the Pacific ocean and gigantic Santa Monica Mountain Range out the door with year round near perfect weather.Close to everything from Malibu to Calabassas, Ojai, Santa Barbara etc and within the same 45 min to 1 hour distance ( traffic depending) to 3 commercial airports, namely LAX, BUR, SBA.The university, USCCI is the only one of its kind growing in leaps and bounds while general enrollment numbers are in decline everywhere else along the CA coast.

Act now....I have some ocean front property in Arizona too. 

Your calculations are spot on  I just had a bid on a Hud  property which turned out to be a unusual email from Chronos  The home was under contract and the buyer left the water on or there was a leak and caused about $10,000 in damage (according to Hud) They migrated some of the damage pressured tested the water and it was back on market I bid a net of $171,000 or so to net (list price was $195) and received an email from Chronos that the minimum acceptable bid was $171, 321   i was able to up my bid to the acceptable amount and now have it under contract This was the first time Chronos  directly intervened in a bid The only bad thing is I am only allowed to activate the electricity and not the water and gas Also cash is an option on the contract and they treat hard money as cash   Electronic signatures are also acceptable goodbye blue ink 

Here's another for you: https://www.greaterohio.org/blog/2024/1/10/new-census-number...check out the blue where ohio is growing and check out the red where it's not growing. why invest in counties that are shrinking?

Scroll to the Company Section and Click the Blue Pencil in the top right corner3.

Your $600 should be over $1200 a month if you split up that $500K over (2) properties (Outside of California) you could double up on your NOI.The age old question is out of state management - my reply is if its turn key or renovated it will need very little management other than lawn and once in a blue moon repair.

I filled out the postcards in blue pen on May 9'th & got my first call may 12'th.

Including painting a home a brilliant yet hideous blue, and I'm not going to the authorities to complain or make a rule against it! 

And then he said that investing is still one of the few blue collar ways for people to build true generational type wealth.And thats what I believe.