Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

Or that it should be free? 

I currently work with investors to build their portfolios with Turn-key long-term rentals, making it hands-free for the investors. 

Shout out to permit professionals like Roy Hasson (just a friend in LA specializing in navigating permit process - this is not a business play we do not work together), who are dedicated to helping others and will likely develop similar resources to support their communities through the rebuilding process.If you’re working on rebuilding efforts or have questions, feel free to connect with me—I’d love to collaborate.

I dept free minus these mortgages.  

A lot of what you're paying for is free / reduced with Baselane. 

Why pay rent when your landlord gives you free housing, free maintenance team, free mortgage, free electricity, free water, free trash?

-- We focus on verifying 2-year work history and verifying rent payments with last 2 landlords (unless in same property for 5+ years).3) MoveIn Specials: be careful with offering "free rent" as will just attract tenants with no cash.-- Try free TV or something else worth 25-50% of one month of rent.-- Or, what we do is offer the free rent AFTER & ONLY if they pay their first 3 months of rent on time to earn it.4) Lower the rent 5% every 2-4 weeks until activity picks up.5) Understand this is the worst time of year to find tenants.-- Starts picking back up end of February when this tenant pool starts getting their income tax refunds and aren't broke anymore.6) Section 8: where is the property being advertised?

Appreciate if any personal experience can be shared that triggered the need.Thanks

Take a bit of that money and invest in learning - go to meetups and the many events that take place related to investing in the city - some for free and some paid.