The Structural Engineer said it would be prohibitively expensive to jack it up and level it.

One 2 Bd apt. and two houses, 5 bed's each.Financing Approach:80% Bank20% 10% down payment10% seller financing - terms to be negotiatedAnnual Financials:-5% vacancy (the market is emerging and vacancy is very low - we know this because we own a 4-unit in the same area, purchased from the same seller)-Rent roll: $55,800 - can be pushed up by $4,800 conservatively after rehabbing-Property Taxes: $4,277 -Insurance: $1,619-Maintenance / Capex: $11,160 (projected - 20% of rents)-Water / Sewer / Utilities: $6,200-Property Management: $3,600 In summary:At purchase:-$55,800 gross income-$21,903 total expensesPro-forma:-$60,600 gross income-$22,529 total expenses We want to get your thoughts on this deal.

I would suggest house hacking (buying a home with multiple units like a 3-plex) and getting the rent from the other two units to cover your own housing expenses.

After a week of grief, and expenses, I looked over my lease, and cited where my tenant had fallen short of it. 

Obviously, LA is one of the most expensive markets in the country.

Hello, For those who do rent to own in California or other expensive markets (NYC, DC, miami), how do you find your tenants buyers?

For context, this place and the other calc I posted in another thread are in a very desirable, residential area next to an Ivy league school and all the grad school- the tenants (I was one a few years ago) are very high quality, its largely grad school/professor/staff rentals, and the home values historically have been largely immune to changes in the housing market- and probably as such, they've gotten really expensive.

I was considering going through AirbNb but some of the members here advised against, due to the potential for damage to my (expensive) furnishings.

But home insurance is very expensive in this state.

We never know if the place will always be fully leased or unexpected expenses come up to cause the DSCR to be lower for that one year.