This accelerated debt pay down strategy really helps to increase cash flow without having to own a huge portfolio. 

With rent control laws in Los Angeles, as I see it, options to increase rents consist of:a) Cash for keys.

We were also looking for a location that would attract decent tenants but still be affordable.

This investment in your property could be justified by the increase in rental appeal and tenant satisfaction, making your property competitive and desirable in the rental market.Ultimately, the choice should align with your investment strategy, your relationship with the tenant, and the overall condition of the rental market in your area.

In the meantime, we're wondering if it would make sense to (1) remodel the house to increase its size to 1100 sqft and turn it into a 3bed/2bath, (2) turn a detached garage on the parcel into a 2bed/1bath ADU and (3) build a JADU under the main house (or finish and expand the house downstairs).

You can use online platforms, social media, and word-of-mouth to attract renters.Manage the Property: As a landlord, you'll be responsible for managing the rental property.

Ya that does seem high, but I do know that they went up earlier this year and they're making an effort to increase rents to compete with the all time high cash rents in the area. 

Personally, I am not sure of the economic upside given their main attraction is their university, but the rents and price per property seem to be keeping up with market conditions. 

I'll be doing a partial garage conversion and will add a bedroom, bathroom, and large laundry/storage room which will increase the living space about 300 sq ft.What was the outcome?

I know Section 8 isn't the most attractive start with investors, but I've grown to believe it can be very successful if done correctly and with the high program rents and long waitlist in NC and surround states it has drawn me to it.