The mortgage on the $500k list price would be somewhere around $3400 (assuming a 30 year fixed rate @ ~4%).If you look at my chart below, you’ll see that according to my calculations I should be saving around $1,400/month relative to my current situation.

She was running a Hair Salon.

We got the chart from Arbor Trust Realty last year and Los Angeles is the number one city when it comes to Demand:Supply ratio due to the high barrier of entry to develop brand new projects (city regulations, archaic zoning code, and ever changing building code). 

To clarify, here's a breakdown of what we have:Income Tax and Bookkeeping business- Sole P in my wifes name (getting ready to convert it to an S-corp)Hair and Nail Salon- Single member S-corp in my nameWife is self employed as an S-corp (she booth rents from the salon I own)Commercial real estate LLC - 5 unit commercial building (wife and I are partners)Commercial real estate LLC - single unit commercial building (wife and I are partners)Residential LLC - Holds all SFH's (wife and I are partners)Master LLC that controls every investment property.I know we have a lot of moving parts.

Not trying to split hairs here, but the difference is important.I think this would make lease options particularly problematic, since they are defining your intent to sell not hold long term.That said, your intent can change.

I paid for a 2nd opinion, turns out it was just hair and there was no issue.

Check out this chart from my Pandemic Investing(TM) presentation the showing the mid-rise and high-rise building boom.

How would you like a hair in your steak?

If we keep cutting off large sectors of the economy (elective medical procedures - all food service workers, hair dressers, schools, event/promotion industries) for another 4 weeks - you will see a super cascade effect in the economy that could be where we have 30%+ unemployment. 

@Ifegwu Sampson IfegwuI didn't watch the video, but looking at the chart you mentioned at the 11 min mark:  Monthly operating expense (without debt service) is 1,459/M1,459* 12 months = 17,508 annual operating expense Monthly rent is 2,250. 2,250 * 12 months = 27,000 annual revNOI is annual rev - annual operating 27,000 - 17,508 = 9,492 NOI.