We would like to purchase the property but also spend some time there, approximately one or two weeks a year.

From what I’ve heard, 25%-30% of profits is a safe estimate depending on your tax bracket.

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?

Each time the response was “Unfortunately I cannot provide an exact estimate at this time for the date of completion”.

If the roof itself is not covered, you can estimate your out of pocket if the whole roof has to be replaced. 

. - Rents are also a function of supply - 2024 saw the most new construction of multifamily units in American history (nearly 575,000 estimated 2024 deliveries of new multifamily inventory), and 2025, while not a record setting year, will see deliveries top 500,000 again - a huge supply increase. 

Zillow says the estimated current rent is $940, which I think is low. 

STR insurance provides broader coverage, including liability, property damage (even non-guest-related), and gaps Aircover might not cover.For damages caused by guests, document everything (photos, receipts, estimates) and file a claim through Airbnb.

Quote from @Roger Garner:Multiple estimates and get some photos of their work too.

Analyze potential deals by estimating the After Repair Value (ARV), repair costs, and total expenses.