Here a couple of pics.Here's he new a/c evaporator coil & several months later with heavy smokers in the home.These ladies have been with us 14 years so pay for the annual furnace cleaning.The nicotine coated white vinyl windows of that strip to the studs & window replacement rehab I did.

My lady is usually more conservative and risk averse........by renting, I'm trying to look at the long term and imagine us eventually paying this place off while also enjoying the ongoing appreciation.

A lady walked up and introduced herself to us, saying she had a listing down the street on the bluffs, listed at 6+ million dollars and had people come in that were in a lower price point.

How are you guys handling this issues since these items can vary wildly?

If you an buy a "little old lady" property that just needs paint and flooring with it, you will be very pleased with the equity gain and the COC returns you can achieve. 

The lady in the Zoning office made it sound like as long as I didn't add that additional 220 outlet I wouldn't be breaking the zoning law.

I think there is a person named the tax lien lady that works your state or lives there.There may be a rare circumstance that a tax lien/deed auction could wipe out the mortgage,but I would think that is rare. 

I mean we lost about 20 thousand houses in Wild fires last 3 years.I say we because I was born and raised in Northern CA and Silverado Country club got hit and lived there for 10 years 30 to 40 of my fellow club members lost their homes these are all 2 to 8 million dollar homes.they are now left with lots that take thousands to clean as they are toxic hazards.. and what i see is many even though well insured and many had their homes paid for.. they are just taking the insurance money and put the lot up for sale.. so we made an offer on a few lots in the 500 to 600k range with the idea to build a 3k sq house that will sell for 1000 a foot. so 3 million.. over in Coffee Park in Santa Rosa were 6k houses burnt down.. same thing many are not rebuilding this is basic starter housing in N Ca at 650 to 850k.. so lots there are selling in the 150k range.. although we believe there is going to be a flood of lots since many are taking their money and moving on.. 

The HOA really kills you here - $300 a month - and unless you expect this property to appreciate wildly, I would absolutely not purchase it.

Is my wild no real knowledge guess LOL  by the way i am finally out of the ground on those houses on IVY / Cook what an ordeal getting that through the city.