Your contract can be critical if you need to enforce it, but any contract usually is nothing more than an agreed to guide to bring the parties to an agreed settlement.

I feel I have exhausted all resource.

This will make your monthly payment way lower than an FHA loan and thus will help you cash flow.  

I'm leaning towards not selling the LA property since I do agree that it will continue to appreciate at a faster rate than an out of state turnkey.  

It is very exciting, but also stressful and exhausting:-) I guess that's why all the pro's on here keep telling us it's hard work and you have to be willing to put in the hard work to become successful.

One solution was to have an HOA (obviously this was a larger operations than an 8-plex), but it was perpetually under-funded.Can you provide some additional details?

@Brian G.The recommendation we provide all of our clients is to exhaust the conventional financing route first, meaning use as much delayed financing and other means first before getting into portfolio or commercial financing, but if you're looking for no seasoning products for the BRRRR strategy, you may be relegated to a commercial loan event though the rates aren't nearly as attractive.Stephanie

To me, that is more impressive than an 18 year old that wants to do anything.

Been to San Jose, CR ,,,,,, COOL SPOTI'll think a bit more on what I could contribute (but honestly even with your very general question) my first BIG question before getting to the design and construction part of it is, "have you conducted an exhaustive needs assessment" to see what is actually what's needed as compared to what YOU want to build...?

It could use a little lipstick, but doesn't seem to have any major issues other than an older AC compressor.