But if I remember correctly, you were here in the forums not that long ago saying how the agents were unnecessary, right? 

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.

Common, but in my opinion very unnecessary, I avoid companies with that fee3.

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

It sounds like this would be a case by case basis depending on the quality of a property manager, with some difficult times right now I don't want to bombard my PM with unnecessary questions as I hope they would be able to handle a tenant who was unable to pay rent.