It may make less cash flow/ per month but in may cases in the long run after PM fees and Repair costs, many times it turns out similar.   

Run the comps, calculate repair costs, and plan multiple exit strategies so you maximize every deal—whether that’s wholesaling, flipping, or holding for cash flow.

Although I know most sec 8 landlords use it because of the perception of guaranteed rents.As a small home builder I really dont know how they are going to lower the cost of new construction housing unless the govmit subsidizes it somehow.. basically the price of home components are very sticky they only go up. with the xception of lumber that will go  up and down through out the year..

Renting out your current home could provide steady income, helping offset the new property's costs. 

If the trust gifts you the property, it retains the original cost basis, potentially leading to high capital gains taxes upon sale.

Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

Can you give a cost breakdown?  

Also, managing the property as a rental could offer tax benefits.When purchasing, keep in mind condo association fees and maintenance costs.

With down payments, improvements, commissions, title work, holding costs etc....