There were no walkways through the apartment, with random boxes, wrappers, spoiled food, trash, collectibles (aka where our rent money went), everything in the way.

To add to what @Jeremy Bourgeois provided for valuable feedback, I'd like to provide some additional food for thought.

Sell: If we can put that capital to use in a more stable market or in a MF or a syndication deal, it could provide more safety, upside potential and passivitySell: More cash to get into bigger dealsKeep: Selling fees, tax consequence if we don’t find a replacement property in a 1031.

@Joshua T. it’s usually because there are repair issues and the seller knows they will cause the property to fail an FHA appraisal/inspection (and isn’t willing to make those repairs).It could also be that the seller just doesn’t want to deal with an FHA inspection in general since it’s another potential road block / hassle to getting the deal done.That’s because, in addition to the regular property inspection needing to be OK with the buyer, there’s essentially another inspection needing to conform to FHA safety etc. standards to make the bank happy.

Deducting :Food (one person)Entertainment (movies, 1-2 nights out, nothing crazy, really conservative) Pet (a small dog shares miserable existence next to you)Commute ($7-10 /day)Car insurance paymentsRent (So cheap because you try to save money and live in a ********.

It's going to be an interesting couple of years.....esp with the absolute necessities in life; monthly cell phone costs, Netflix, that auto pmt/lease & Whole Foods/Trader Joe groceries; costing way more than a months rent.

People need to eat too and they're not telling grocery stores or restaurants they have to give their food away for free.

The Starbucks and Whole Foods theory isn't a distance to theory really, it's more of an upswinging neighborhood identifier.

If l could just own some property’s while l run my food truck and have income from renters that would be AMAZING..

I'll call LA building and safety on Monday to confirm and share the outcome back here.