In Atlanta, many of the neighborhoods that surrounded the beltline were lower class and appreciated astronomically with development.

How to use Loopnet.com BUT NOT pay for their service.Loopnet has great information, but for the parttime investor, like me, I have found a GOOGLE WORK AROUND that allows me to use their site for free.When I become rich multimillionaire, I'll subscribe to their astronomical monthly rate... until them, I don't feel bad helping you USE Loopnet for free1) Goto Loopnet.com and do your search (I prefer the ADVANCED SEARCH)2) Once you've got the results of your search, identify the property you want to "see" - (Loopnet lets you see a handful for free, then denies you and expects you to pay.)3) COPY PASTE the street address, city, state of the property.

Obviously I'll incur some additional cost here with splitting the units up but I don't believe it would be astronomical. 

I know real estate is astronomical in San Fran which is why I would consider looking out of state if cash flow is important to you.Like you, I am living in California (Los Angeles), but I focus on investing in Florida for the 3x cash flow and reasonable cost of real estate. 

The city is aware of this and is ok with it (I'm not yet sure what kind of certification or permission they've given) but the seller says they will forever reserve the right to take the property back and enforce removal of the structure should they ever need to.Now in this case, with the alleyway being small and completely surrounded by residential homes built in the early 1900's, the odds are astronomical. 

The cost to solve the issue could be astronomical and the cost to leave it as is and NOT disclose to the next party you sell it to has extremely high liability attached. 

This will allow for more competition and push rates back down - so you may only have that astronomical cost for a few years. 

What you saw during the downturn between 2008 and 2010 was an astronomical number of properties for sale (over 26,000 at its height!)

I agree that the rock bottom rates have artificially increased values to astronomical levels in developed countries.

Chances of fraud is astronomical.