It is never advisable for landlords to get involved in tenants personal life issues.

If you break things down such as some equipments, Kitchen appliances, or special roof or something, each asset has a different life term.

But the end goal is basically to be as sustainable and eco friendly as possible, both in the building of the building and the materials its built from and the life span of the building.

Although I have spent the vast majority of my life living in So Cal, including the SFV, unfortunately I was far too young in the 1970's to have had any memories of what the real estate market was like  :-) I can say that I think one of the major differences is that LA always had a somewhat diversified economic base.  

I am Alex Cole, I stumbled across the bigger pockets podcast in search for some financial education in my life, and have been hooked since.

I have some past experience with real estate, and I've bought and sold one condo, and I'm in the process of selling my small business.Most days, I work as an analyst in the construction rental industry, but I'd like to one day leave the corporate life and have various income-producing investments.If you are in the Los Angeles area and have good experience, I'd love to meet up for a cup of coffee.

Whatever path is your choice, some mathematically more sense and other more life sense.

I am to the point in my life where I have began buying, selling and renting real-estate.

Since the home was vacant and since the bank purchased it from the County Sheriff, the new owner who decides to renovate it is responsible for this bill.I've never heard of this fee in my life and neither did my plumber or my attorney who I called right after speaking to the agency.

Whether it is really does not matter it is just a fact of life that you have to deal with.