. :-) I other words, Bruce doesn't believe math has any part in investment analysis. 

Heaven forbid somebody disagrees with your analysis.

Ordinances and codes can be complex and lengthy, I would recommend engaging an architect to assist and give in-depth analysis.  

Hey Cameron, You're missing the $360 / month  per unit in HOA fees from your analysis.

My recommendation would be to do a deep dive into your deal analysis and see if the numbers truly make sense. 

Check to see if this fits with your wealth-building and portfolio diversification goals by taking into account your entire investing strategy and financial ambitions.Finally, carry out a comprehensive risk analysis.

For any Investor Experts out there, I can also help with property analysis/renovations to bring some value to the table.Thanks for taking the time to read this post and looking forward to talking with you.

After overcoming a few months of analysis paralysis, I finally took the plunge.

That is my analysis.  

If you are browsing MLS listings you can use the 1% rule quickly ascertain whether the listing is worth further analysis.