Just an update with some additional info.

Again, depending on the age and condition of the property, and the quality of tenants.Add an additional 10% for PM.  

They might require additional premium in order to insure over these issues (which the seller should pay, imo) or they may say "No" and either you would need to agree to accept the risk or the seller would need to fix the problems... because they essentially built over someone else's property -- 3 times!

Link removed; Self promotional in addition to McAffee warning to avoid. 

Depending on the performance of the property with rent, tenants, vacancy and additional rehab costs I will determine if I will keep the property long term or turn to sell. 1031 exchanges really intrigue me so my plan is to utilize them when it makes sense. 

Additionally, they paid me the old rent amount... $200 short of the new amount. 

Additionally, they sell some great luxury laminate countertops.

You can also start attending events that are listed on the events page on BP, as well as additional events on Meetup. 

Additionally, these units would be on "rare" horse lots (allowing horses- tough to find in Los Angeles).

I suggest a tighter budget and a side hustle to generate some additional income for the short term to pay down consumer debt.