Keep in mind that there's no one size fits all solution for everybody as each person hopes to achieve something different from their investing goals.

If that is a sticking point for you, is there anything else you could do to increase revenue to achieve the income needed to meet the 2% rule? 

I would echo what some others have brought up though - I think much better margins can be achieved.

I think this is much easier to achieve once you are already under contract, and worse thing that happens is they say no.Feel free to message me anytime if you have other questions or just want to chat!

Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to talk to others who have had an experience investing with the sponsor already.

However, there are plenty of more passive ways to build steady income in syndicates, private investments, etc,  that can achieve similar results you are searching for.

As you have experienced San Diego historically has outstanding appreciation.The issue I have in suggesting you keep it is that I suspect you could do better (achieve a better return for your investment). 

When comparing a home that rents for 1500 and cashflows 200/month with average rent increases of 2% per year, as opposed to a similar priced home in a different location that initially breaks even at 1300/month rent with 0 cashflow but a 4% annual rent increase, the second home catches up to the first on a yearly cashflow basis after roughly 8 years, and surpasses the first one in terms of total cashflow achieved in about 15 years. 

Specific, Measurable, Achievable, Realevant/Realistic, and Time based.

There is a wide array of investor-participation requirements between some of the investment types, so you'll want to consider what it is you want to achieve through investing and then match that with the asset class and strategy that best compliments your goals.