But did you wrap additional equity? 

Probably anther option would be to give her a thirty-day notice to vacate one month before her lease expires (I don't need to provide any reason in the City of San Diego as long as the tenant has lived on the premises less than two-years).I addition, I believe that this can be a problem with my property insurance if they were to ever find out that a dangerous breed lives on the premises. 

Did you pull out any additional cash over the amount of the HML?

Additional info.

You may not have as much taxes as you fear.In addition, you will also have taxes on the previously taken depreciation - which is the case even if you qualify for homestead exclusion.

I hope to find additional contacts by asking. 4) Continuing to analyze deals and get a good feel for the numbers and best localities to start investing.A journey like this feels pretty scary for a newbie like myself, but I am hoping taking action based on my learnings and also the knowledge and experience of the BP community will help with my success.Any advice or constructive criticism you have to offer is very welcome. 

Additionally, zillow has a similar home (2BR, 1000sqft) for rent listed on the same road directly across the street for $950.How does your analysis look using ~$1000?

Additionally, my experience with 203K's has not been all that kosher when you are looking to do more than 35k in renovations.

In addition to what Trexie Recommended, BP has books on rentals and flips. 

To set the stage, I am currently growing my rental portfolio with the goal of getting 3 additional properties by the end of 2018.