It has all the elements to be great, but it needs photos to do that.

But how much damage will be done by hoping for the unknown and operating at a loss?

But surely you can evict if they cause a lot of damage or don’t pay their rent, right? 

this newly identified risk mandates increased revenue (rent increases) to compensate for the increased risk of the government allowing tenant to not pay rent and damage unit with no legal means to get rid of the tenant.Just prior to the period in the article, CA passed statewide rent control on MF (starting at 2 unit) properties.  

:)I have a quick question: what is the best way to find/locate fire damaged properties for sale?

A comprehensive lease agreement addresses all elements of tenancy, and clear home rules are required.

Umbrella Policies are good, but they are not an asset protection tool, they only cover litigation/damages after you’re already in litigation or found personally liable.

If you are selling to the group that borrows money, the apprasial is a key element that you can't just guess at.

Ex) $500 to get them out without damaging anything vs ~$1000-$2000 in legal & other fees. 

You do the most damage with the least exertion, beautiful, ....yeah Elevate owns some of the worst properties in the worst parts of town here in Houston.