And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.

I would advise that its ridiculously competitive here now.

Rather than selling the house I advised him that we take out a Cashout Refi and purchase another home or two or a duplex etc and begin building a portfolio using brrrr.

I hope that you can more advise from us.

I'm new to real estate investing and would also love any advise / any other tips from any veteran members in the area! 

One is a house hack. looking for advise from a CPA for proper bookkeeping and tax planning who works w/RE in CA.

Either way, make sure you have a local team in place (realtor, property manager, etc.) to advise you on this property. 

So that when the inevitable happens, you will have a prudent reserve set aside to cover those costs without impacting your cash flow.Lastly, I'd advise setting a further 10% aside for a property manager. 

Shop another mortgage company would be my advise. 

Someone we can lean on for long term advise as we build and grow our portfolio.