BUT WAIT, THERE'S MORE....House #2 (next door also owned by seller)Identical to house #1, 4 units however, are vacant. 2 are rent ready with one being temporarily occupied by his handyman. 

While this may put extra dollars into your pocket temporarily, it will have a devastating result in the long run.

Rents have gone down temporarily.

I am doubtful of the claim for many reasons not relevant to my question below.The tenant gave me the option of having a professional remediate the mold while he moved out temporarily.

For the location, it is great that you are willing to give up our urban lifestyle temporarily.

From my experience I prefer having some space heaters on hand as that shows you're trying to (temporarily solve) the situation and does not train your tenants to expect some compensation when their are issues - as they are bound to happen.

I ask because since the crash in the market from Covid-19 we have seen a large number of Non-QM and jumbo/Alt A lenders exit lending either temporarily or permanently. 

I am willing to temporarily leave Los Angeles for them, but would also like to live back home.My goal is to utilize this property to supply housing and create generational wealth for myself and my family. 

Overall, the finishes look nice.Unfortunately, there are several issues that are hard to overcome:Bad layout of living room/kitchen, backs up to the road, most expensive in the neighborhood, largest in the neighborhood, funky addition, and weakening market conditions. 

But if the dollar does eventually weaken, maybe they aren't the best bet long term.