Sticker shock.

Aaron,I need second look at my preliminary number if its ok with you.It is very hard to come up with good comps for this property.

I'm sure you already have some sort of financing strategy in mind, and hopefully done some preliminary research in that department.  

In some cases failure to trip occurs 60% of the time - a serious fire and electrical shock hazard.Failures are documented in the CPSC study and by independent research.

They should be providing you with sufficient financial information to underwrite the property ... however, it is not uncommon for owners/landlords of smaller buildings to not run them as a business (which is often why they are for sale).In your scenario we would ask for the rent-roll and financials (usually 2 - 3 years) up front as part of our preliminary underwriting to see if we have a deal. 

If you wouldn't mind keeping this thread updated on your research into that area it would be much appreciated I don't know to much about it other than his preliminary research.

And the 4th bedroom ending up for guests as we each have big families who sometime visit LA from east coast, etc.But this year we are behind on bills so we broadened to offering each/both room for single occupancy on the dreaded CL and other sites.I'm shocked that most of the callers we have gotten so far, rather than have questions about the rooms, are actually so far just ones that go straight into stating that they do not meet our listed description/requirements (ie, male owners looking male roommates) but 'here's why you cannot refuse considering us anyway.." followed by robotically reading some script/quote such as from the NHA, FHA or ADA. 

Analyzing a deal is 60 seconds is obviously only a preliminary check, not a true analyses, underwriting, or any aspect of due diligence.

They were shocked at the rent I planned to charge and volunteered what they paid. 

Most of the ozone generators available for less than 300 bucks do not put out sufficient ozone to "Shock treat" a room.