Does anyone have experience with getting $1 million landlord liability coverage on their policies through Obie?   

Start building relationships at real estate meetups, REIAs, and even through property managers who may know of landlords looking to offload properties.Do not overlook the power of your personal network.

At that point, the clock will restart by 5 minutes after every counter bid, until the bidding stops.With mortgage foreclosures you'll want to guarantee that the property is vacant to avoid going through a messy eviction battle.  

Anything that involves a load bearing wall will generally need an architect IME, but it can also be required (maybe indirectly) through the jurisdiction's building code/enforcement.Got it, thank you for lending your expertise!

Quote from @Aja Sellers: @Drew Clayton I am so sorry you are going through this and hope you found a way to remediate this situation. 

Before jumping into the condo, I’d take a closer look at whether the $300/month cash flow is worth it compared to other options, like a small multi-family property or a property in a higher-yield market.

You have to jump through hoops to get the approved work even if they will approve it.

Cash flow = $400 How did you find this deal and how did you negotiate it?

A prudent investor doesn't seek quick riches through shortcuts.

Such a solid investment for any SoCal people looking for some cheap cash flow.