Given it's location not far from the ports of Richmond and Oakland, and that the Chevron oil refinery is nearby as well, some of that is likely be driving the highest and best use assessment. chris in the deep south they turn the anchor store into a big church..  

Thank you for taking the time to do a deep dive. 2% home appreciation was also a fairly low estimate, it looks like in that area it is actually around 5-6%.

A few thoughts on the subject from someone who made a living doing this until the laws changed on the West Coast.Most folks in foreclosure go into deep denial.

Great question Todd, first red flag is asking for full payment upfront.

Personally, remitting myself makes sure I dive deep on numbers.

I learned some deep skills that will be useful in other realms.This isn't so much "bird dogging," with them giving you some scraps for bringing them business. 

These are business purpose loans so there isn't any sort of red tape when purchasing multiple properties at once or one after another.

The licensed plumbers do not get permits for water heaters, I have never heard of one being red tagged solely for not having a permit so I do not get permits (and know no one that does) for swapping a water heater.  

Let me guess, RH, REDS , ALL S Monument ? 

In other news, it may be tempting to purchase a waterfront property at a deep discount along the Western Coast but beware, you might get flooded in the next hurricane unless you want to do a teardwon and build on stilts.