Look into small multifamily 2-4 units.

All rents are below market value and we think we can get another $2-300/unit on 2/3 units.

I own a 4-unit Rental Property in Los Angeles city that is covered under LA RSO (Rent Stabilization Ordinance).

Here in Cleveland your unit will stay empty if you demand renters insurance.

Fast forward a few weeks after I move out I receive a security claim letter along with an estimate from some random rental maintenance company that says "unit turnover".

It is a 2-unit multi-family with a finished basement that is occupied by the owner.

If it were me I would consider the following: Identify the "worst" unit. 

If you're new to this game, try to buy rentals, live in 1 unit and rent out other rooms/ units and manage the house well to just understand how to manage a real estate investment and what costs it takes.

She said it was unfair because there could be something that traveled from the tenants above them (it’s a 3 story 3 unit building).

Hey Drew, in my experience with fourplexes and small apartments (30 units or less) here in the College Station, TX area it's better to provide washer and dryer hookups in the unit and charge more for rent.