@Chris Seveney I agree with your #3 for a few reasons1) housing expense as a % of income has been rising to well aboe long term levels.

Likely will require permits and/or consultants $125-$150 per sq ftNew Construction/Development: This includes all hard and soft costs.

Depending on the county, the assessor will pick up your sale price and adjust your taxable value to 70-100% of sale price.Insurance: Have your insurance broker get you a soft quote based on your lender's insurance requirements.

This tepid job growth may be contributing to the soft demand for retail space.Market OutlookThe forecast for the Los Angeles retail market is cautiously optimistic:• Asking rents are projected to grow by 1.3% in 2024, accelerating to 1.7% in 2025 and 2.0% annually from 2026-2028.• Vacancy rates are expected to gradually decline, reaching 7.2% by 2028.• New construction is likely to remain limited, with inventory growth forecast at 0.5% in 2024, declining to 0.2-0.4% annually through 2028.However, downside risks remain.

We also provide a welcome basket that gives them items to get through a few days so they don't have to go shopping right when they arrive (2 toilet paper rolls, 1 paper towel roll, small dish soap, small hand soap, 2 dishwasher pods, 2 laundry pods, 3 garbage bags, scrub brush for dishes, a few coffee pods, some sugar packets, etc).

If you push on the sheetrock/drywall and its solid, its surface stuff.... if its soft at all, then its more than surface and the drywall needs to come out and the real reason for the mold needs to be figured out.Based on pictures, its looks solid, but pictures can be deceiving.If its surface, its all about moisture and ventilation. 

But otherwise, a room just needs new sheets (we have extras ready to go) and towels, snacks, and then we quickly wipe and spray everything down, vacuum (doesn't always need it after every single stay) and we are out.

I priced out the same style (Shaker) in the same kitchen configuration, except these cabinets are all plywood construction, already painted white, and soft close doors and drawers, all for about $1900.  

@Allan Wu take into consideration that tenants are not going to be as careful as you would be, so make sure your lease states no flushable wipes, paper towels, feminine products, etc., that easily clog and that they’re responsible for repair if used.

Run a soft credit report and not a hard credit report; the soft report will not affect your credit and we can still analyze your scenario and properly advise.