I like to debate with this guy although I know I don't stand a chance. :0)It's human nature to take the easy route, and you're paying the price for that IMO.

Yep, there are a ton of threads on this subject (and will be a ton more I'm sure because it's a never-ending debate).I live in LA, so same position as you, and I've only bought out-of-state.

@Joe JurekI think you will find a healthy debate on coaching, gurus etc throughout the site.

I am debating whether or not I should consider having it professionally treated. 

I am debating whether or not it would be worth the money to close it off and add a door so that it would qualify as a 1 bedroom.   

We are heavily debating on whether or not to add a laundry machine to the rental.

Since the OP did not supply this, here is the actual wording so we know what we are debating :).  

100% have, and am debating bw owning and trying my hand at arb.

Just understand that once you come at me with insults and petty arguments, you're going to start a fun debate, something that I never lose :)

@Michael Plaks, @Ashish Acharya - some day we will have to have a debate about the De Minimus application to an asset not in yet in service.