:(Protected TenantsA landlord cannot recover possession of a rental unit occupied by a Protected Tenant (LAMC 151.30.D.1).

Then you lose the properties because the market hasn't recovered and you have run out of money to keep feeding them.This is one example.  

If I go the small claims route will I be able to recover money that was invested in court/legal costs or just the amount I'm owed?

If property appreciates, then that is the icing on the cake.Cash Flow is nice, but if you are really about returns, whether they're rental income or market appreciation, you need both cash flow and appreciation.A savvy investor sees opportunities for forced appreciation, a growing/recovering market (market appreciation), and cash flow.If CF=dividend, and Market appreciation=stock price...wouldn't you want both?

You recover and find another way or another person.   

Track your expenses in case you end up suing him for damages, you'll probably be able to recover it with time.Let me know if you have any other questions.

If they refuse to sign, your only recourse is to recover monetary damages.

. - 100% financing is the most risky to the lender, as they would have to bet on you giving up the property if you fail.... to recover a failed project with no equity.

And we also charge for actual cleaning and damages, which usually translates into recovering about 50% of our turn cost.

If they have to leave/relocate you will recover quickly.