I'm in Los Angeles as well and I've snowballed up to 20 units in MO and TX (mostly BRRRRs).Since you're local, you should join our monthly investor meetup in Woodland Hills.

I currently have 30K cash from the cash out refi I did on another property as well that could serve as a DP.I would love to hear thoughts on what the best course of action would be to get more cash flowing into the portfolio.

There are pros and cons and it's important to be aware of the drawbacks as well as the benefits. 

I look forward to learning more from all of you on the RE side as well. 

Im thinking if I create a unique listing on Airbnb (After I live in this for a year to meet the VA loan requirements) I can create a competitive advantage by having such a unique property and demand a higher price per night as well as keep the occupancy up.2.

I hope they get back to having every day investors who built a portfolio from the ground up, house by house and can talk about how they did it and the different strategies and routes they took that others can learn from and deploy as well.

Well done!

The rest of the funds received will be considered a return on your cost basis and non-taxable as well.

For utilities...well who knows. 

I think the Sac region is a great investment area if you're set on CA.