This was a turn-key property that needed light rehab and a tenant was found in 1 and half weeks.Hopefully with proper screening and background checks my risk is mitigated for the future on repairs.

It looks like the questions has been answered but there is light at the end of the tunnel.I am not sure if anyone else talked about proving 2 years of stable income at the same job so unfortunately that looks like a long road ahead but there is hope!!

We also added appliances, new sink fixtures, and new lighting fixtures.

Tread lightly feel them out.

If you are allow the attendant open it up, what's your plan to mitigate theft or is there a percentage that you just plan to write off as a loss due to nature of business?

Yes, naturally, financing a renovation will lower your equity, simply because the mortgage balance is higher, relative to paying cash for those same renovations. 

Where do you go in Los Angeles to report a suspicion of this nature?

That is all you can do, churn those puppies out at the speed of light.

if that is the case, yes you can argue all you want that your contract states you are not responsible for personal property damage, but the contract also should state that the conditions of your property are livable and functioning, that includes, roof, sinks, drains, lighting, heating, etc.

Light Fixtures: Wipe down all light fixtures and replace burnt out light bulbs.