Look for things like whether the windows are new or old, if the property is boarded up, and any signs of structural issues. 

The market supply has had a surplus meaning they are sitting longer and "stockpiling", nothing crazy but it is noticeable in the chart.

The buyers had a structural engineer inspect and then asked for another $60k reduction to stabilize the foundation.

Phase #1 - Recovery  - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from  decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."

Such units are painfully in short supply and sky high demand.

@Mahender BistI believe the best structure is to save $1000+ a year for filing in California which they will have you do anyways and just own in your name with a good insurance policy.

Call a bunch of them and ask them to take you thru their fee structure.

If you are not in a good neighborhood, you will not be attracting great tenants and sharing a duplex with someone can be a highly stressful and unpleasant experience, especially if the structure is not truly conducive to being a duplex.

Also, what's the typical fee structure for single-family homes?

Any tips or tricks on how to source fixtures and finishings or general construction supplies?