. - sounds like you've done some good reflecting - being honest with yourself about your abilities will go a long way towards improving your odds of success.

Spending $20 on preventative pest control will really improve your life. 2. 

If you pay $1M for a building improvements (you can't depreciate dirt), they won't let you expense that all at once and force you to take it as a "cost"  spread over 27.5 years (approx. $36.5K/year offset against income).

Improving a credit score is another key component and you're tackling that as well. 

We have expanded our practice to offer in-building wireless systems that are designed to improve cellular coverage in mid to large sized buildings with coverage issues.  

My clients are generally living in their BRRRR's for a year(ish), raising value, improving financials and refinancing out. 

Here are a two real situations that I'm having trouble determining:1. paying off short-term hard money when commercial financing was delayed  -- this seems permissible since it's not long term debt2. performing improvements on rental properties -- these were planned but delayed due to COVID-19 has put these on hold.Any tax pros or attorneys here than can better assist to what is and is not permitted use for our EIDL loan?

My ideas:Renovate (which apparently will cost well over 100-150K but could improve its value)Tear down (build something new on spec, maybe?

There will always be people moving to the LA area and the pocket you are describing is still improving itself. 

However, I've been thinking about "distressed" properties and the equity you'd build quickly by making improvements to the property.