The FTB takes a very broad opinion of what is considered "doing business" in CA. 

I wanted to find something that most people could afford so I would have a broad customer base.

If he agrees and was a very long term tenant I would be reasonable lenient on what I charge him for....pretty broad on reasonable wear and tear, but if he F'd up the place with his own crap work I never authorized or trashed it beyond reasonable, then I would deduct as indicatedBefore I would fully commit to any plan of "he was there 10 years and was a good tenant, just give him his full deposit back" I would need to really see what the property is like........ if its decent, I would happily aggress to that..... but until then, don't stop the eviction processKeep going on the eviction and don't accept a dime of $$.....

This is a really broad question brother but the answer is it depends.

@Marcel K. that's a really broad question and really depends on the strengths and weaknesses of your particular market, skillset, and knowledge. 

I'm also curious to learn more about raw land investing, and of course, am entirely open to the experience of others and will likely change/modify this initial shell of a plan as I learn more and gain more experience.My goal with real estate, on a broad scope, is to build wealth via passive income in order to enable a lifestyle in which my wife and I can make traditional work optional and use our time to engage in meaningful projects and endeavors to help others in need around the world.Thank you again for building such an impressive community!

It will give you a good broad overview of how much work goes into a full rehab.

Greystone and some off broad.

@Lidia Bowers that's a really broad question and we don't have much info to answer with.I assume your SFH rental income will cover all living expenses and provide enough for the bank to consider you a reasonable risk?

Broad form would indicate HO2.