I like new homes in up and coming neighborhoods because there usually are fewer maintenance issues and can you usually get higher than market rent.

@Nathan Deutsch Welcome TO BiggerPockets If you are not comfy with privacy issues while house hackingyou can try  a  FHA loan or start with a partnership to buy a STR etc

Then tell us the nature of your remaining questions and concerns as to each remaining aspect, so people can have intelligent, focused, SHORT, conversations with you on each issue you present. 

Good news is our land is where all of the next-door houses are (free houses, I think legal issues). 

As you progress, maintaining a clear line of communication with your team, especially your property manager, will allow you to stay ahead of maintenance issues and tenant needs, keeping your operations smooth and your tenants happy.If you haven't done so already, consider outlining your goals and investment criteria with a property manager early on.

The economics do not allow for a property renovation, properly permitted and all deferred maintenance issues addressed.  

- what if someone is occupying the living areas more than someone else and it causes an issue? 

Haven't had issues because the properties net enough to repay those costs and cashflow from year 1.

Managing it has been exhausting, especially with the tenant issues and LA’s landlord policies.Here are some details about the property:Purchased for $650k, with about $90k spent on renovations.Current Redfin estimate: $1.1M.Mortgage interest rate: 3%.Would selling it “as-is” during the eviction process make sense financially?

Unfortunately, several issues arose during the renovation: 1.