Okay coming back to my subject of the post, “Murthy’s law prevailed”.

Dealing directly with an owner you may then be able to find a deal where you can use creative financing such as owner financing. subject toGood luck

@Nick Cortolillo Keep in mind that most DSTs are about 50-55% LTV or less.The answer to your question is somewhat subjective depending on personal preferences...The most important thing to keep in mind is that you'll need to match your debt and equity in order to execute a tax-free exchange. 

If this is the case, you could utilize a strategy called "Subject To."

Hi @Tyler TomasAn appraiser can do a Subject To appraisal where they give you the AIV (As Is Value) and the ARV (After Repair Value).

Thank you for the input, please guys I am not whole selling anything. just bringing buyers and help them with the deal, I am underwriting the deal making sure numbers work for them, advising potential problems, provide market inputs, giving advise if forming syndication, negotiating deals via subject to when needed so I am not acting as a regular real state agent who does not do any of this. 

Fully furnished has value but it is subjective.

To answer your question about raising rents it depends if it is subject to LA Rent Control or not. 

If you use rento-meter pull a pro report and look at the map of where the comps are and be cognisant of which neighborhood your subject property is in.

Hello @Kenji Tominaga,Agreed with @Chris Seveney regarding having the owner offer cash for keys.Since there aren't many options on the market that can compare to the deal you have in place, I'd recommend waiting it out (if possible).Chances are, the value of the subject property will continue to increase while you wait for the tenant issue to be resolved.