Find out if the city has excess right of way...

Is that excessive or is that what I should anticipate ?

They have high flush toilets in all their units and are paying the water and sewer for the residents excessive usage and just don't care. 

So they get an offer and see the bottom line from opendoor or alike and they see profit they are happy.Now if they were provided a bottom line from and agent at real value without the excessive fees and compared that to an estimate from opendoor etc I think most homeowners would choose to save thousands of dollars vs sell a month and a half sooner.They are in Las Vegas and Henderson now as well.

Its all about your appetite for risk and your goals. 

I have a partner (childhood-friend, non-veteran) who would split with me the down payment in excess of the entitlement ($649K for San Diego) and any renovation costs. 

This seems definitely excessive to me.Thanks!

As far as Self Storage goes, the best piece of advice I can give is ask the bank what their appetite for self storage is, and when they answer, "We love self storage" ask them how many self storage deals they've closed on in the last year.

I am most interested in the power of choice, having excess money provides.After listening to Podcast #222 featuring @JayHinrichs last night and then spending a little time on the forums, some things really hit home for me:#1- Take advice from people who aren't trying to sell you something. 

In addition, it would be helpful to talk to the exiting residents and see how much appetite there is for them to own and to get a sense for their financial strength.Hope this helps.