In million dollar plus, you need to put much more thought into everything from paint choices to lighting fixtures, to plumbing fixtures, countertops, and appliances.

Thank you,James use a quality primer (like Zinser bulls-Eye, 123) then your choice of paint.source: deep brown, deep brick red, some bright orange, blue and indigo, house with dogs...

And I don't think impeding a  tenant's comfort/temperate choice should over ride costs. 

Lebanon/W Lebanon/Hanover/White River JunctionI expect in a few years I'll know the exact responses to these choices, but I figure there must be some data points that will help me narrow things down in the meantime such as school ratings, real estate tax vs potential rent, crime, multifamily inventory, population size, other economic factors.  

I owe my knowledge of this site to my mentor, Josh Rogers - a swell guy who has made great life choices with regards to real estate and business in general.Best to all,Ethan Stone

The investor's choice is to invest where there is No Rent Control in the first place. 

In Columbus Ohio 1 st choice glass block installs basement windows for about 200 each. 

Like you, I am living in Los Angeles, but I focus on investing out of state for the 3x cash flow and reasonable cost of real estate, Florida being my state of choice.

If the lender has already reconsidered the flaws you pointed out and decided not to proceed, then your best choice would be to try another lender.

The choice is yours.