Netting $300 after expenses and reserves wouldn't offset renting in Los Angeles .

Your current tenant will plan to reserve a day for cleaning or hiring a cleaning crew once they are out if possible so they get their full deposit.

It seems like something that should be covered in the tenant-landlord laws or something, but it’s not explicit so I just want to confirm without hiring an attorney for such a simple question haha

I would say no unless you can confirm that the building department will provide a permit to add the rooms and your calculations are based on the ARV equity wise.

There is only a downside if you do not have the reserves to carry your short falls.

-If I cash out refinance, my payment goes up to $1,700 a month (5% interest rate), or about $1,200 a month after principal pay down and tax benefits and I get 110K cash out to set aside for more investing down the road (have significant cash reserves for that now though too).

Can you explain to me what your reserve requirements are?

Were you able to confirm the taxes?

I also see no upfront CapEx, no capital reserves, and no closing costs.

#2 isn't really an optionIn the eventuality of #1, what are the costs incurred (how much money needs to be in reserve) to ensure refinancing can be covered?