Quote from @Joseph Gozlan: No, California laws kill California malls...Here in the Dallas metro, retail is thriving!

And agents are legally prohibited to engage after closing - at least per Wisconsin State law. 

You might be able to have it considered as a mother in law suite.

. - Who ever told you that only 30 days notice is required does not know CA law.  

They also don't understand the law, or the changes that are happening around the country.

Both Indianapolis and Louisville are excellent markets to consider—affordable entry points, landlord-friendly laws, and steady rental demand.Since your background is in data science and analytics, you already have a strong foundation for analyzing deals.

I'm not an expert on California law, but I believe you are allowed to give a 60-day notice of termination for a substantial remodel.

@Matt WeddonLegally, you’re covered as long as you stick to objective, non-discriminatory reasons for rejecting someone (things like personality or ‘vibes’ don’t cut it in Fair Housing law).

If cash flow improves, it might make sense to hold onto the property while expanding your portfolio with new acquisitions.Reinvestment OptionsIf you sell or pull equity, focus on markets and property types that align with your cash flow goals:Out-of-State Markets: Research markets with strong rental demand, favorable landlord laws, and higher cash-on-cash returns.

What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?.