Perhaps the East Asian hospitality industry provides full refunds no questions asked. 

When I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

For me personally, our STR and our little inn provide more than half my family's income so I feel I have a fiduciary duty to my wife and kids to maximize that. 

I would start with them.I am not based in LA, so I don't know your exact laws, but I think I can still provide some initial direction for you to find answers, and maybe offer an idea to research.  

Just stating that waiting will also likely make the cost of what you want to buy go up if the last 98 years of real estate data provides the future direction.

American Family recently discontinued their multi-family coverage, leaving many property owners scrambling to find new providers.

There are too many factors to consider to just provide base rates for what you're asking. 

For on the ground evaluations, I rely on local contacts: agents, contractors, or even property inspectors to provide walkthrough videos and detailed feedback.

Our mission is to provide new and affordable rental homes across Indiana.

Also, providing value to others at a high level will pay off for you in the end if you stick with it.