Quote from @Makani Donaldson: It is simple, but not easy.Network with other investors.

We need to find a good app/website for them to send rent as well, preferably one that has many things built into it, making it more simple to manage things in one place.

SUBSTANTIALLY.I highly recommend tapping into your equity and accumulating some more assets at these prices, you will thank yourself in 3 years.The best and most cost effective way to do so is a simple cash out refinance, I don't think you should touch your primary, but leverage your investments for sure.

Registration fees $800+ SOI $50 fees California and legal stuff-keeping it simple-easier to refinance a SFR if decide to just BRR and cash out refi in my personal name versus trying to get loan in LLC name. 

At the end of the lease term, it's a simple as printing that spreadsheet so it shows all itemized deductions from the security deposit.

But my point is that it's not as simple as just finding the cheapest LLC state and opening an LLC there just to save money.

Is simple forget all you know, go to local Investor Meeting meet investor flippers and wholesaler. 

I think the VAST majority of successful evictions are for failure to pay and those evictions should cookie cutter and simple to handle for the most part.

I'm thinking that $30k, which is what I'd like to pull out of the property, would be 30% of the 90k equity I created, but I'm wondering if it's just that simple or are there other things I should consider?

I agree with Bill B-that also keeps it really simple.