My tenant here in Thousand Oaks, CA stopped paying rent and also stopped watering so the grass and landscaping is damaged.

It’s located in an excellent spot backing an popular bike path, in a good public school system, and close to popular parks and recreation.I’ve got a few different ideas for the property but I’m really just not sure where to start.

Property's on city electric and water but has in ground septic. 

The help for affordable housing lies in less restrictive zoning, less burden from regulation, a viable freeway system, less expensive permits and development fees, and an attitude promoting sensible development.

I feel that the reality of it lies somewhere in the middle of the two.We found:One Rafter in the attic that was split about 18" from centerline down the roofOne water damage repair previously made by an owner to the floor joists in the crawlspace under a sloping wall.One water damaged floor joist that is literally crumbling in my hand. 

This is especially true under the AIA system that gives the architect a lot of power. 

What do you do when your tenant doesn't pay rent and your water heater goes?

I prefer to know the condition of the property and major systems so I can do my own estimate as an investor.

You the landlord is only responsible for providing a safe and comfortable living environment, clean water and heat to your tenant.  

Are there any major repairs coming up (ie how old is the roof, furnace, hot water tank, etc)?