If you decide to stay in CA I would definitely suggest getting to know a good tenant/landlord lawyer that is familiar with lease creation and knows the process well. 

Using property management software and virtual tours can also help you manage your investments effectively from afar.

Day three was a presentation from a lawyer selling his tax reduction program. 

BTW SMS is less effective then you'd think and has real legal trouble issues since youu are spamming with blind SMS.This is a whole book so have to cut it off here.   

Anyway, I agree you should have this evaluated by a lawyer.

I actually suspect when all is said and done, very little will have changed... other than hands possessing the $418 million that went from the NAR to a bunch of lawyers and the government I guess? 

So effectively 90% CLTV (combined loan to value) 

I have harped on this point continually, but many investors limit themselves and their wealth building because they do not educate themselves on three foundation principles necessary to understand and utilize the most effective wealth and estate building tactics and strategies in real estate.

I’m considering hiring a lawyer to try and recover the cost of the repairs and potentially my extended holding costs.

You can change the exit cap rate in the basic assumptions tab cell H67 and see the effect on the IRR and EM in the Equity Waterfall (GP) tab cells V51 and V53.