Why not simply find a seller that will sell their property at 70% and forget a 30% carry back?

Simply, sell.

Okay so am I hearing both of you correctly that it would be best to simply sell even for a loss vs. holding it and renting it?

Wouldn't you rather avoid the claim in the first place along with the time and expense, increased insurance premiums, being limited to surplus insurance carriers etc. rather than absorb claims simply because you have an entity? 

Have you talked to the tenant and simply given him the option of breaking the lease?

The probably of it being a worst case is generally pretty low.If you have problems under the concrete, get serious about breaking a hole.

When there is a recently acquired long-term rental, lenders can simply throw in the lease agreement and use 75% of the rental income from that, but on a short-term rental, there is no lease agreement, so the only way to document what the actual cash flow is, is by using Schedule E of your most recent tax return filing. 

Show people what the investment looks like over the life cycle otherwise people simply don't have enough information to go off of.

-asphalt parking/driving(currently dirt with massive pot holes)(awaiting estimate form local company)-Individual metering (previous hotel, 3 different buildings(2 doors, 7 doors, and 6 doors), all on one meter)Any advice or things to consider are appreciated.

If we could afford the price point in our local market we would stay in the Southern California market but its simply too expensive.