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.

They did work and they deserve to earn from it, and by doing that work they helped achieve my goal!  

Being able to scale and help others achieve their financial goals along with my own.

Rehab in ~3 months to achieve an ARV of $100k, then rent out the property for the required seasoning period before refinancing to a bank for worst case 75% LTV ($75k).

I figured I would finally make the push to become more active and start posting (hopefully this also keeps me proactive on achieving my goals).A little about me: I am 23 years old and a couple years out of college (UC Irvine).

Assuming you are able to achieve your zoning goal; consult a reputable contractor to determine the construction expenses.  

Account Closed The recognition of such estates differs from state to state.