In addition the supply is constrained both geographically and by onerous regulations on additional building.  

Hello all,I'm thinking of shrinking down my supply of homes.

I am not sure if you are looking for other methods of funding, of if you are looking for alternate streams of passive income (you could try purchasing furniture used for future staging and rent them out when you're not using them for an example), but if you have the time to work on more than what you're already doing and are simply wanting ideas to come up with more funding, I would suggest working together with someone else (an active REI that is) who has the capital and splitting the profit until you make enough that way so you don't have to worry about it.

He is paid by the hour and we pay for all supplies.

You could probably get away with classifying it as a supply on your schedule E as long as you don't buy Festool tools or something similar.

There also is a lateral supply pipe from the well to the house which can fail, this cost varies significantly based on the where the well is in relation to the house. 

Some LL's provide nothing, others supply some, or all.

If you have $1000's of dollars of computers, jewelry, and furniture the owner's policy will not cover that.

I was concentrating my search in Long Beach and Inglewood, but the low supply is pushing my boundaries out towards Riverside/San Bernardino.

I started a wholesale group about one month ago to supply me and others with some much needed inventory.If you are serious about learning I am a phone call or 45 minute drive from you.