Congrats on the sale of your business, that's awesome man.

Thanks man.

I'd venture to guess your tenant is a criminal or drug addict of some sort.There's some truth in your thought but he's actually a really nice hard working young man. 

This is after all construction in Los Angeles, if you've never done it before add 50k.If you have $500,000 in cash I suggest you use it elsewhere, this years long headache is likely not worth the 1000's of man hours you will also have to put into it running your very own team of scientists.

I have good friends and a handy man that I can rely in Fort Myers/Bonita spring area when I am away and I will be able to rent out the entire unit seasonal for snowbirds. 

Most of you are all money hungry and don't care about your fellow man.

The first 5 years was this cycle repeating itself.All the best man.

Focus on investing and managing well, not protecting yourself from the boogie man.  

As always, AJ: YOU 'DA MAN!!!

I mean there is so much to scrutinize here we could spend an entire afternoon reviewing the actual deal let alone the financing.I wish you luck either way man.