That looks like a good plan from my perspective, except that $2,250 closing costs.

On this forum I see that opinions like "stop shifting blame, man up, bite the bullet" are pretty popular....But my question is more about: how can I use this opportunity and help tenant understand that they should report issues ASAP even if they don't care about the place where they live?

A good habit to get into is all of the large commercial firms, JLL, Cushman, CBRE, Avison release market reports each quarter and has a lot of information on what happened the past quarter and some perspective of what is coming.  

A few things first: This is my first post about my first (only) commercial property with regards to our very first perspective tenant.

If your not planning on being super active than continue to play the long game in areas that are safe from big market shifts.

Hint its not the list price.Get your permits early, if you need to pull one it might take you a while to walk thru the process.Good luck, hey if I can help from the perspective of a newbie who went thru the first one, maybe I can help you avoid a couple of our mistakes.

@Jeremy HartJeremy, since you're a broker in the NRV, I'd really like to get your perspective on the area regarding investment potential.

Per the rent ordinance the following are exempt (copied from https://www.sftu.org/rentcontrol/ so tenant's perspective):"San Francisco’s rent control law covers most rental property in San Francisco.

Stop the focus on buyers and shift it to actually finding quality off-market properties.

In my area, there are few apartments comparable in size to even the smallest SFHs, but if you look at it from a square foot perspective, around here apartments tend to rent for about $1/sf, while SFH tends to rent for $.75-$1.00/sf.