I was a part of an incredible videoconference last night and I got answers to some of the questions above. 1.)

The zoning is RS3, so we'd have to wait til ADUs are allowed city-wide + dig down to meet the ceiling height requirement if we want to make it a third legal unit which is not something that financially makes sense right now.  

My point is that over 5 or 10 years this type of investment will outperfrom a cash flow property in the hood by a wide margin.You can only buy the best deal the market will allow you at any given time.

Let this incredibly irresponsible person "accidentally discharge" their weapon in someone else's property.

I run everything from Google Sheets and its works incredibly well, im just looking for a more professional looking product.  

The industry has dealt with new technology geared at improving workflow and resident tours, a world-wide virus has come and gone, interest rates have drastically changed the environment and there have even been some major legislative changes that have impacted our industry.

While I agree that the tenant who shot a hole in your floor should be responsible for the damages, if I was the tenant below, I would want to leave, not attend a party with the person who literally could have killed me due to their incredible gross negligence.Pending legal restrictions, this would be the end of my wanting the business of the upstairs tenant.

We've used HouseScan inspections for many of our deals, incredibly competitive pricing and amazing serviceGood luck,Glen

I've already read a couple of the books you recommended, like "Rich Dad, and Poor Dad" and currently reading "The Book on Rental Property Investing," which is incredibly eye-opening.

This would require incredibly expensive work as we would have to cut through a public street.