The building has a metal exterior finish with large bay windows and a durable brick.

Anyone trying to get started with a market like Los Angeles as their backyard will spin their wheels for years when they could be making an out-of-state investment work. 

But I'm spinning my wheels bc of these contract issues.Thought??

If you stick to American name brand units that are basic - no fancy sensors, doodads or anything else - W/Ds are surprisingly durable, even with renters.

.- Furnishings and Decor: High-quality, durable items are worth the initial investment.- Insurance: Short-term rental insurance (beyond renters') can protect you from guest-related risks.- Licensing or Permits: Check if your area requires permits, as some cities have fees for short-term rental operators.Breakeven Analysis: To calculate your breakeven occupancy rate, add all monthly expenses (rent, utilities, cleaning, insurance, etc.).

LOC on business purpose doesn't really make sense from a lenders perspective.Think about it, you have to tie up funds and not earn a return until the borrower wants to use them.Time is money and if your lending money you want a return each day your money is out.I'd strongly recommend just going with a cash out refinance and avoid spinning wheels looking for a LOC. 

It’s an investment that will likely pay off in terms of durability, maintenance savings, and overall property value over time.

wheels of justice grind slowly in some cases. some cases when perpetrator pleads out they can get right to their prison sentence very quickly within 6 months or so.  

@Nevin WilkieLuxury Vinyl Plank (LVP): Durable and hardwood-like, LVP is ideal for rentals or flips.

Brands like DeWalt, Milwaukee, and Makita are highly rated for durability and performance, and they often have good discounts around Black Friday.