I would appreciate an explanation, thanks!

your explanation is confusing to me.why not rent both units to renters and not investors?

I do have the right for an explanation on why the companion pet is required and some insight on the persons disability for legitimacy.

@Amit May ,I like your frank and simple explanation!

Thanks for the explanation @Christina R. .  

Ryan, there is no statutory form requirement for sale of real property in CA.The rather lengthy explanation from the young man taking law classes fails to correctly answer your question.

Dion, I really appreciate the detailed explanations - this has helped me understand a lot, and cleared up the main questions I had.

As mentioned, it can be a discrepancy at the county office.One possible explanation is if an addition was made to the house.

Exactly the same building right next to mine closed a day later and sold for $250k ....Anyway; look at my numbers below and read explanation ...PGI = 2470vacancy loss = 4% 100EGI = 2370property tax = 309.4homeowners ins = 156.6utilities(common/water)= 165repairs and maint = 10% 250NOI = 1489debt service: PI = 1101.6monthly PMI 253positive cashflow 134After 6 months of research and looking at properties in the Chicago area, it was the best I could get.

That's REALLY interesting, and makes total sense after hearing the explanation.