might also depend on how much profit you like to make -if you can add another 100 Sq Ft at $90 / sq ft ( I have no idea what construction cost in L.A ) and that 9K translates into another 70k then it may be well worth the effort to add on the the extra rooms and add another bath assuming you have the money to do the rehab , the time to complete the project, and the ability to carry the property till completion. 

Example (Dr = Debit, Cr = Credit):Purchase the property and rehab:Dr: Inventory - Acquisition Costs - $20,000Dr: Inventory - Rehab Costs - $80,000Cr: Cash (or loan) - $100,000Selling the property at a gain:Dr: Cash - $120,000Dr: Cost of Goods Sold - $100,000Cr: Inventory - $100,000Cr: Revenue (Sales) - $120,000Selling the property at a loss:Dr: Cash - $90,000Dr: Cost of Goods Sold - $100,000Cr: Inventory - $100,000Cr: Revenue (Sales) - $90,000In the third journal entry, your Cost of Goods Sold (an expense) exceeds your revenue which will translate to a net loss on your P&L.

You could team up and offer capitol, i dont know what you do but if that can translate into a benefit to having you on a crew, look into that by going to the local REAPS meetings and talking about real estate everywhere you go.

Essentially what happened here is this:He put the numbers into the calculator and reached out to me to "translate" what those numbers meant.  

Should I find a translator?

Though not sure how they would translate to the floors.Keep us updated!

I didn't think about how it might not translate on a RE investing forum

My experience there should translate to real estate even though not perfectly of course.

Translation: opportunity rarely presents itself in an obvious form. 

I could see how a fully rehabbed/decorated property would translate to really nice pics.