I offered to have all the suspect insulation removed and proceeded to do so but the buyer backed out anyway, spooked by the word "asbestos" which isn't even a health threat unless it's disturbed and it was in the crawl space, not a livable area of the home.Next contract, the inspector brought the code book and proceeded to list numerous nit-picky issues that were totally different (apparently missed?)

I'm worried I won't be able to take out a loan amount that's big enough to purchase another home in LA/OC if I already have a 700k loan...I know that the home prices in LA/OC are outrageous, but I've heard numerous times that I should invest in areas where I live close by.

Take into account elements like total affordability, policies that favor landlords, and property taxes.Make contact with real estate agents and investors in the target market locally.

Personally, my experience is in North Carolina and Florida and despite numerous claims of "over-saturation" my clients have performed very well.

KBKG was the first company ever to launch a self service software for properties this small and it has been through IRS audit numerous times.

Besides the doors being unlocked, he has left the gas on his stove on and has flooded the bathroom on numerous occasions damaging the ceiling below.

Most likely inappropriate, but NUMEROUS.

However we have closed numerous loans with them and they have always been responsive. 

One of the main drivers of this dilemma is the low 1bd/1ba garage conversion and $30k seems like a large cost for one element of a 350 sq ft conversion. 

The numerator will include your cash flow and principal pay down.