The rental income minus the mortgages has me in the red around $450 a month.

Lead times were low (about 15 days average), average stay was low (2.5 nights/stay) and revenue was below expected.In 2024 our booking average lead time is 55 days and average stay is 3.25 nights/stay.

The property is in an area with low sales volume.

I'd like to position myself as a one stop shop for home owners with distressed properties where I'd: 1) Provide a cash offer on there home - (with all the close fast, no hassle things)2) Help them list it or refer them to an agent in their area (keeping in mind that I would likely get a referral fee)3) Renovate their house for them then help them sell - I've got the team and know what renovations move the needleI'm beginning a period of what I hope to be substantial growth and I'd like to increase my flips/rentals at the same time so I'm wanting to ramp up my marketing.

They are wanting the utilities to be included, along with washer/dryer, however as stated in the listing, and repeated to them, the house is not furnished and only offers washer/dryer hookups. 

But this could also vary in your market, for example if inventory is so low then buyers may offer to pay your closing costs too. 

I live in California so this housing market is not very beginner friendly.

State Taxes: Some states also impose state income taxes on rental income and capital gains from the sale of property.

I know of several rehabbers in Sacramento who also have their RE license, and if they can't make a deal work with the numbers or the seller won't go low enough on the purchase price, they list the property instead and still make some money from their commission on the sale. 

House hacking, live & flip, BRRR, turn-key rentals, syndication deals, etc?