@Leroy Feireira-shearinBig risk and uncertain reward.

However it does have its risks and rewards.  

If you think you have what it takes as a real estate agent to provide me with the right expertise then please message me or reply in the comment section.

Agents often get themselves into trouble by working outside of their field of expertise. 

Now if the deal is much thinner then your risk to reward ratio can be way out of whack.

Two entities own a combined 20 properties, one of the entities is a Hawaii LLC and our CPA has proposed $5,500 for this entity that only holds two luxury residential properties (3 rental units),  the CPA has also proposed $2700 for our personal returns.Consulting, as needed, will be billed hourly at $250-$400/hour depending on level of expertise required.This seems very high to me, if anyone has a referral for a good CPA that can handle mostly real estate investments tax returns in multiple states please let me know.Thanks Mike

I know the old phrase high-risk high reward, but being cautious is also a good way to not lose money. 

He is use to the extra expense of doing a condo but the rewards are far greater and thus make sense in the end.

Even the LADWP is a pain to deal with and anything electric can linger for months if not years in this cityFor that reason, i would recommend to absolutely avoid any interaction with the city unless you do really heavy work that would have significant impact on the appraisal like maybe adding bedrooms and bathrooms or adding lots of square feetThe current system doesn't reward doing the things by the book; you actually will be way ahead doing things on your own and just comply if you get an order to comply one day (very unlikely anyway).

Evictions can make the permitting process for difficult if it's an Ellis act property, but this is certainly not my area of expertise.