At the time I had never done anything more complicated than renting to my roommates, so the thought of being a "landlord" from another state terrified me.

Excepting "final action" at the conclusion of certain residentialforeclosure and eviction proceedings as referenced in Governor'sExecutive Order 20-180 amending and extending Governor's ExecutiveOrder 20-94, Clerks of Courts of the Fifth Judicial Circuit may issueSummons, Clerk's Defaults, Writs, and other court related process andbegin scheduling judicial sales.

To make the comparison, you can calculate the net present value(NPV) for both selling and renting the house.NVP for selling the house would simply be $100k.NVP for renting the house is a bit more complicated, as it will require the assumption of risk free interest rate and future market value of the house if when and you decide to sell the house. 

Wonder how complicated it is for Canadians to buy US real estate - a lot of paperwork?

No reason I can't try the complicated stuff later@Julian hopefully not.

The plan is to refinance or sell, whichever makes the most sense.Value-add is more complicated in LA because of tenant protections, but where there is friction, there is opportunity!

This can be a bit more difficult to figure out, as insurance for investment property can become complicated very quickly.

If you don't, you shouldn't need a complicated agreement, just something simple that you agree to let them stay until day X for rent Y, but I'd make it an addendum to the existing lease so all that good legal language remains in force.

We also have some videos here that would work in all non judicial states- https://www.youtube.com/channel/UCb7f7Yl2zmGOFkffpiABEIgHere is a great one too- Goes into 5 steps of investinghttps://www.facebook.com/108922272498555/videos/1640422196015214

This is the most complicated insanely written piece of garbage with respect to handling the housing situation ever written.