You have no management issues, and your income could certainly be significantly MORE than 4%, heck, you might get 7%, 8% or even more....Seems like an awful lot of risk & work for 4%, but I never understood the CA & NYC markets....May you have good fortune whatever path you decide to take!

When you include the COL in your figures, it amounts to a small fortune you are losing by staying in CA.YMMVGood luck!

Fortunately, I decided to put off retirement for a year since I could work remotely but I can't do that now. 

Fortunately, we've had good property managers.

I was fortunate to be liquid enough to deploy $100k into each, and now I have added $19k to my monthly cash flow.The more I invest, the more I receive back.

And wish you good fortune in all your Real Estate goals and endeavors.

We are fortunate enough to have the appliances, the trucks, and the staff to back up our offer.We had a resident's fridge breakdown a few months into covid, and he worked at Lowes.

Same with equities, if you know the space you are investing in, you can mint a fortune and not do so well if you are simply sprinkling money around.

I am very fortunate to have found this family considering the area the house is in.

In fact most others like Fortune builders advertise someone like Than Merrill and you never see that person.