You still have a young loan so  let the amortization run its course and set your regular income aside for the next opportunity/project that you want to explore.  

Once the rehab is complete, the loan just converts into a regular mortgage, so no need to refinance and no second set of closing costs.As mentioned above, you haven't posted a ton of other details, so there may be a lot of variables, but I did a deal as a buyer in this fashion in the past.

I also read daily and attend RE investor training courses regularly. 

Try to reach out to Ronald Rohde.He used to be around here on regular basis.

Here’s how we can help:Streamlined Owner Portal: We provide an online portal that gives owners detailed access to all aspects of their property’s management.Tenant Convenience: An online tenant portal makes automatic payments, maintenance requests, and communication easy.Trusted Network: Our network of contractors, built over a decade of investment and renovation work, ensures quality service for repairs and maintenance.Personalized Attention: As a local business, we can perform regular property check-ins, especially during vacancies, to ensure everything is in order.Competitive Rates: We offer competitive management rates and transparent fees for both owners and tenants.Feel free to reach out with any questions, or if you’d like to chat further.

Are you hoping for the partner to train you while working together, or would you prefer regular updates on the process?

You'll also want to ensure you have a good property manager to look after the upkeep of the property if you are not there to notice anything deteriorating or which may need attention.Creating an LLC in California could cost you a minimum tax of $800 every year.

Once you move up to Multi-unit units you now add provisions upkeep of all common/shared spaces.   

I'm guessing it would be about 50% cheaper and with regular maintenance it should last you 20+ years.

However, it’s crucial to ensure that the HVAC system is adequate for the space to avoid high energy costs.Flooring: The hardwood flooring adds a high-end touch but will require regular maintenance to prevent scratches and wear.