Hello, I am evaluating an Air BnB Property Management company that I was considering acquiring in Los Angeles.

Plus, we didn't budget for furnishing the personal care home, or the the cost of appliances and air and heating. 

The house we purchased was an Air BnB previously, had many upgrades to it, and is in really good shape. 

Cleaning up spills when they happen will prevent them from becoming stains that are expensive to fix.

For 20 years I let nay-sayers prevent me from doing this.

-Lawsuits-Another covid happens and you are in an area where they make rules preventing you from kicking someone out that doesn't pay their rent for a long time.

If it were mine I would replace the roof, including any roof decking underneath the shingles that need to be replaced, and look into the cost of doing a ridge vent at the top.As far as the air conditioning system , you might be replacing a well built heavy duty unit with something that has a much shorter service life and instead of using freon it uses some incredibly expensive chemical . 

I need to know how you are preventing these mistakes happening again. 

Closing up holes is part of preventing them from coming back in and also preventing them from traveling throughout the house.  

Depending on what the property is, we could potentially do an all cash transaction, but I wonder if that would prevent us from further investments by tying up too much cash in a single deal.