(So therefore we wouldn’t have to pass on the cost of the repair to him ie. the tenant).Now, several months later, I contacted the contractor to ask if he would be to provide a price estimate for a different job at our house.

I'd be more than happy to provide you with a couple recommendations if you need?

What you were able to do- makes a good case for not disclosing all the amenities one provides- publicly.

I would start with them.I am not based in LA, so I don't know your exact laws, but I think I can still provide some initial direction for you to find answers, and maybe offer an idea to research.  

American Family recently discontinued their multi-family coverage, leaving many property owners scrambling to find new providers.

You need to provide at least 30 day notice to a tenant that you will not be renewing in NY State.

So the idea of doing this all from afar is a bit daunting, however, I know the most important thing here will be to create a great team and outsource as much as possible.I have set my sights on a couple of different markets being in the Southeast and the Midwest; these markets seem to provide the cash flow I am initially interested in generating to value add to the properties I purchase.

Dealing with warranty service is a pain in any situation but when you also have to deal with a tenant on top its even worse.

While not mandatory, a specialized accountant can reduce errors and provide significant tax-saving strategies tailored to your situation.This post does not create a CPA-Client relationship.

This means you need to pad your rehab costs, make sure you have trusted service providers that do great work, and when you run comps be sure to bring them down a bit and see if the deal still makes sense.