After reading it once I graduated .. man, it opened my eyes so wide to the point I gained this drive of goals and to educate my self to the point I couldn’t stop.

I am looking at a duplex for sale and it seems like a great deal from every angle except that the current tenants are paying considerably less in rent than what the area average is and the seller refuses to send me the lease contracts.

LA is so diverse and there is a wide range of finishes (laminate versus engineered hardwood versus refinishing for example) to choose from. 

We have the ability to use 75% of the projected rental income to offset the liability of the new acquisition So you should be pretty wide open.

Of the nation wide lenders, rates don't deviate more than 25-50 basis points and at any given time a different lender can have the lowest rate in the market.

I prefer a wide-angle lens and make sure you can always see both the ceiling and the floor in all the photos. 

There are a wide variety of reasons someone would need or want to stay in an STR. 

My biggest concern is if the $400 monthly negative cash flow really covers ALL expenses.Depending on condition of property and age of the working systems, the amount needed for repairs and maintenance can vary widely.  

Since such a wide variety of work needed to be done, I reached out to a general contractor.  

Average cost of utilities is around $115.00 but that varies widely based on size of unit, how many occupants, how the occupants use the utilities, etc.