Can a life estate be terminated pretty easily in such instances?

For instance, if the top market rent properties have a pool, it would be important to have a pool.For 1-4 units, you could still get qualified for 75% LTV with 1.1 or even 1.0 DSCR.

A 1031 exchange will defer that and also defer the gain from the sale if you find that the extension doesn't apply to you.

I have not owned a venue before but have extensive event planning experience. 

For instance, many investors in Los Angeles go by 0.80 or even 0.90 as margins tend to be slimmer.

-For instance, if you don't follow legal timelines, you can be fined treble damages:(The other potential issue is being able to PROVE to a judge that the tenant caused the damages you charge them for. - So, where is the tenant's MoveIn Checklist? 

For instance from the people I have talked to in many areas of California anything sub 400k in a decent area it flying off the shelves with tons of offers.

Me for instance, I would like rental properties to cash flow around $300 a month after all expenses.

Looks like a fixer upper and requires extensive improvements.ill check it out, but my guess is it will exceed what im looking for

I made my first million buying Preforeclosures and have dealt extensively in the field and teach the techniques.