Between appreciation from 2013-23 and 10 years of depreciation my guess is you're looking at a huge tax bill. 

Beneficial Ownership Information is back on the table.

The only problem with selling while occupied is that I have a huge negative cash flow.

If a buyer agent asks how much commission the seller is offering, the response is: "seller is expecting to pay a commission, buyer and buyer agent should decide on the amount and include it in your offer"This is a huge improvement for buyers, because the buyer agent commission is more transparent, and easier to negotiate.

The same was being said 15 years ago and we went from this huge shortage to being able to pick almost any home you wanted for 4 years and we were not building anything. 

Be patient with returns – In the first few years, don’t expect huge returns.

As far as I can tell, this may be over capacity and is also a huge red flag. 

Military & Government Worker Investment Fund for Overseas Real EstateWhy limit yourself to U.S. real estate when there’s a huge, untapped opportunity to help U.S. military personnel, expats, and government workers invest in overseas properties?

California has seen huge uptick in home insurance, I'd imagine Santa Cruz has a high fire insurance

BRRRR with a bang: If you can pull this off, the value-add potential is huge.