Right now, with my debt at less than 5% interest, I confidently believe that yes, I can redeploy my cash so as to produce returns far greater than 5%.

Job loss   ( unemployment is only 5% ) and if Trump gets his way it will go lower4. burnt out landlord syndrome  ( land lords are somewhat smarter these days IE not buying in the hoods like they were )  although some of this still goes on and always will.So Tim were do you predict the next inventory produced by a shake out will come from. ?

We have been making Millions in profits and a very healthy Cashflow over time.

Baltimore's a good lending market and with solid credit and assuming the property has good rental income and nothing too crazy, you should have some options here.Or perhaps I'm assuming too much in that you're seeking long-term financing - is this property already stabilized/leased and producing income?

Affordable housing is another healthy market here, though it's been tough recently with the rent moratorium.

That could easily produce $1K net monthly cashflow for you plus the other benefits of real estate: appreciation, loan paydown (by tenant), tax benefits (paper losses), and inflation profiting (inflation erodes the debt).

Are there any good income producing areas for rental properties in California?

Did you buy that property with the intent to one day leverage it as a buy & hold income producing asset?

You’ll want to know if it is this a cash flow deal, a deal geared more towards growth, or a deal that has a healthy mix of both.

More importantly good properties in good locations produce good cash flow.If you have not yet sold the property, consider getting using the equity to secure a HELOC.