So after spending some quality time to resolve a clogged drain (hair) and replacing some worn parts our tenant's bathroom sink was working perfectly.

When you least expect it, in a 24 hour period suddenly you'll be flooded with good prospects and you'll be pulling your hair out trying to review them all. 

We were sitting in a midst of toys with both kids, now out of school for the foreseeable future, scrambling on our laps and pulling at our hair (they’re 4 and 2), wondering if we just made an insurmountable mistake.

I'm not into the hair salon business, so I don't know if there particular issues associated with it, such as the use of chemicals.Also contact store brokers in your area to see what something like this rents for.

If it is just the original water paint just water will do it. cover your hair and put something to cover your nose , it will get messy. 

It's taken me a while, with my homeowner's mindset, to realize that there are people who will rent maybe forever, who are not or who cannot buy their own houses, and these can be fantastic people to attract.Put it all in writing, go over expectations clearly, SCREEN your applicants well, and offer good quality housing at the average rent for the area or even a hair below, and you're off to a good start. 

With the exception of kitchen appliances (microwaves, coffee makers, etc.) and some bathroom appliances (hair dryers), a lot of electrical apparatus have gotten much more efficient.

@Tom MoleI live in Sherman Oaks Studio City and I agree with you you need to think creatively in Los AngelesFind a problem and offer a solution that's where you going to get the valueOn small apartments or 6 to 8 to 10 units find a mom-and-pop landlord that is pulling their hair outYou can take a look at master lease options which you leased the property on the master lease, and have an option to buy the property based on the low noi or net operating incomeI would use private money to turn the property around and raise rents and increase services and decrease costsApartment accounting is a little confusing and I do enjoy @anthony chara s training on apartments@Anthony CharaIt's online it's not that expensiveIf you're in LA I would not try to do single-family house Buy and hold investingGood luck!

We were going to do a live/work situation with either my offices or her hair salon on the 1st floor and we'd live in the top two floors.

Also ask for there handyman list they will give you the name and number. and ask about light fixtures that may have a hair size scratch what a steal you can get.2).