We tell all people that they can only use the basement for laundry and storage because with the rental licensing that is what the city told us because there are no egress-sized windows down there.

-Storage unitsSmall closet size or even garages. 

They should be penalized for not getting out on time, perhaps go stay in an extended stay with their stuff in storage (or pay for the incoming tenant to do so).  

The room is lacking in storage, so adding shelves/cabinets would supply that, as well as breaking up the large expanse of tile.  

If the tax increase you'll face is feasible and you still have a monthly CF you like, then you could rent it out and have this CF help you pay your next loan. 2.

@Mark McGarry A HELOC is worth it if you ca get it but only talking to several loan officers or a broker will you get an idea if it is feasible.

I wrote greentree and told them to remove their collarteral from my Tree farm or I would and I would be able to charge them storage.. 

Also, with the advent of REG D SEC 506 (C),  it has become quite feasible and cost effective to use general solicitation and advertising in a private offering making the offering in effect a public offering to accredited investors.    

San Diego is a market where the economy of scale tends to be VERY significant, especially when it comes to cashflow.So, I think your best bet would be looking in to the feasibility of selling one/some/all of your current rentals via 1031 and exchanging into one or more higher unit-count properties in a more cash-flow-friendly area.I'll shoot you a PM so we can chat about this possibility in a bit greater detail.Kevin

. * Cabinets - Cheapest way to get cabinets that are smarter / have more storage than a plain rod?