We don’t know any PMCs to recommend in the area mentioned, but since selecting the wrong PMC is usually more harmful than selecting a bad tenant, you might want to read our series about “How to Screen a PMC Better than a Tenant”:https://www.biggerpockets.com/member-blogs/3094/91877-how-to-screen-a-pmc-better-than-a-tenant-part-1-services-and-processesWe recommend you get management contracts from several PMCs and compare the services they cover and, more importantly, what they each DO NOT cover.

. $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!!!

If paying off your mortgage early is a priority, recasting might not be the best option.Not Available for All Loans: As mentioned earlier, government-backed loans are generally ineligible for recasting, and not all lenders offer this option.Who Should Consider Mortgage Recasting?

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

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

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

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

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

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

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