You have two correct options and many bad ones.

I imagine LA is just as bad as San Diego, market wise. 

I had to personally guarantee the loan.Generally, commercial loans are based more on the cashflow and quality of the investment than your personal income and credit.

But beware of some of the bad neighborhoods.

Any and all feedback, good or bad, would be gratefully appreciated. 

It's a little tough managing everything with my job now but I enjoy it, so it's not bad.

No bad debt (credit cards, cars, etc) and lower expenses.  

Most times you'll just be throwing more good money after bad - you'll make much more just moving on and investing in your screening rather than pursuing any case against these deadbeats.

I usually offer an early check in or late checkout when the schedule allows it.One guy checked out 45 min late and my housekeeper sat close to the end of the drive way (she's too nice to pull up to the house), but the guy saw her and must have felt bad and gave her a $20 tip.I dis buy a super capacity washer and dryer since the laundry is the bottle neck in getting the house ready.

These are things you can give in detail to the buyer:Cash flow on businesses, condition of equipment, payroll, more info on liquor license transfer, are there existing liabilities, is the seller willing to sign a non-compete clause in case they want to open another similar establishment or invest in one,  ask about current manager...staff experience, are they willing to stay.