This is either really good from a landlord perspective or possibly that the market doesn't support long term rentals.2.)

Two buyers have walked away already - and this time he was supposed to fix the damage from termites, but he just mickey moused one corner of the house and it looked like he put a fresh beam of wood that wasn't even doing anything structurally (not sure why). 

I don't know the tenant lease laws in California, so I can't really comment on that, but I think you might be losing perspective on the big picture here.

The amount of annual income from the property is compensation for the risk you're taking in the process.This is the perspective from a wealth management viewpoint - most people have an income-first perspective, so they're primarily focused on income over profit.No criticism of anyone's approach ... just hopefully clarifying for @Don Young.

Thanks for the response and the perspective @Guy Gimenez!

I agree 100% with Alex Craig rentals go quick if they are updated and fresh.

., former employer 401k) to a solo 401k are not reported on Form 5498, but rather on Form 5500-EZ, but only if the air market value of the solo 401k exceeds $250K as of the end of the plan year (generally 12/31);When funds are rolled over or transferred from an IRA or 401k to a self-directed IRA, the amount deposited into the self-directed IRA is reported on Form 5498 by the receiving self-directed IRA custodian by May of the year following the rollover/transfer.Rollovers (provided the 60 day rollover window is satisfied) from an IRA to a Solo 401k or self-directed IRA are reported on lines 15a and 15b of Form 1040;Pre-tax IRA contributions on reported on line 32 of Form 1040;Pre-tax solo 401k contributions are reported on line 28 of Form 1040;Roth solo 401k funds are subject to RMDs;A Roth 401k may be transferred to a Roth IRA (Note that from a planning perspective, it may be advantageous to transfer Roth Solo 401k funds to a Roth IRA before turning age 70 ½ in order to escape the Roth RMD requirement applicable to Roth 401k contributions including Roth Solo 401k contributions and earnings.)

  :)I'm not taking away from this trade, I'm just putting it into perspective of the goal being to quit the day job (least for me).  

It will be bright, clean and look fresh for the next buyer.

Your doing the same thing a lot of newbies do, and that is not consider things from the perspective of the lenders point of view.