Since this is a single-asset based project, the risk/reward ratios are higher. 

I believe @Michael Plaks is based out of Houston and is very active on the forum with answering/helping with tax questions.For CPAs, I'd recommend prioritizing someone who is an expert in real estate over someone local (and if you find one that's both- great!).

They can likely give you comps for what is currently selling based on your specs

View report*This link comes directly from our calculators, based on information input by the member who posted.My capital expenditures seems quite a bit low.

You should never base anything on this estimate. 

View report*This link comes directly from our calculators, based on information input by the member who posted.

View report*This link comes directly from our calculators, based on information input by the member who posted.

The 1% rule really doesn't apply here in California as we're more of an appreciation-based state.If you're willing to wait to see the returns until you sell, we've probably still got several years of solid appreciation in Sacramento / Stockton areas because of all the Bay Area migration into the Central Valley.

View report*This link comes directly from our calculators, based on information input by the member who posted.

I do not have a local real estate agent because I'm not based in Sacramento.I was hoping for people with experience in Sacramento to help with this as this is in the Sacramental Real Estate Forum