It's the biggest unit of the 4 with the highest rent.What can I expect with this tenent?   

What are the markets that support your goals and ROI expectations?

You’ll need to partner with someone and if you don’t have the cash, expect to put the labor in and find the deal to make it work.

If you own a business that you have no understanding of, how in the world do you expect to not lose? 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I would NOT remove any money from index funds as I expect those to be a great earner into the future and very steady hedge against other avenues.

However, they are still expecting Covid real estate prices. 

But when your monthly profits are less than $2000, then I’d make sure to have some reserves, because Murphy will come when you’re least expecting it.

Looking for ways to create more passive income for myself.I guess an additional question is how profitable should I expect a short term rental to be in that area? 

Any insights from this group who knows this market on what is expected to happen with SF condo market in 2025?