. $1500- $960 + $200 IS $340Cash in your pocket after everything roughly $1500-$1160-$340 which is not bad for a 100% financed deal(INFINITE RETURNS)Now, If you ran this analysis on a 1% deal as @Nicholas L. mentioned you will undoubtably end up in the red each month.All the best!!!

There are more buyers for SF homes, but Multifamily properties typically cash flow better as you mentioned. 

That seems low with the 5 units and storage you mentioned unless they are 1 bed units. 

The capital stack especially in CA is VERY complex and typically involves everything and more that you mentioned.

Sounds like they may not be since you mentioned turnkey SFR which is usually a rental property.

David you mentioned the use of 1031 exchanges recently in the local market.

Like some others mentioned, he is very much like Seth. 

You mentioned W-2 income as part of a way to save on taxes. 

@Lillian Pintaro mentioned Birmingham, which could be a good fit given that you’re looking for cash flow.

Even if you take the $250,000 the realtor mentioned it would sell for as your basis that would mean you're looking at an $80k gain: 380,000 - (250,000 + 50,000 improvements) = 80,000Since you want to buy a nicer home for your mom, a 1031 exchange may not be applicable if the new property is intended for personal use, as 1031 exchanges are for investment or business properties only.