And I didn't mean to imply that you were upset about it...sorry about that...Brett seemed to be a little bit upset for you (at least he acknowledged you had reason to be upset), and I was simply pointing out exactly what you pointed out above -- Jay made an offer, you considered it, you decided it wasn't a good offer for you, and you moved on. 

There are definitely 2 tenants there if not all 3, I haven't spoken to the listing agent directly but just gathered some info from online and from my realtor friend who told me about it to begin with and forwarded me the marketing materials (which didn't mention occupancy, we just saw cars parked at both ends implying someone at two of the three units).Thanks for any insight and info!

Start all over to learn options now, the dual contract approach is still the way to do it and the lease can imply intent, but is just a lease as mentioned.

Also, I guess it was implied, but the whole reason for a SR calculation for me is to build capital for investing in RE.  

It is recognized that you have not done what you talked about nor did I/we imply that you did.  

Because there is a implied relationship of "tenancy at will."

Or, even if there have been modern updates to this infrastructure, maybe I should expect to pay a premium for a system that is 5,10,15 yrs newer - although that seems to imply an excessive rate of depreciation on these systems...)Any help from you savvy real estate pros is helpful, same goes for any other suggestions/advice you can offer.Sorry for the somewhat abstract questions - brand new to home renovations - hopefully I articulated this clearly enough.

To me, the term "gouging" implies that the fees being charged are unnecessary and excessive; simply “additional profit” that adds little or no value to a client or customer.

look at real estate trainers in Santa Ana CA.

There are good mentors and trainers out there who will pay for themselves in what they teach you in a matter of several months or even weeks.There are also a number of guys out there who sell hype and hope and nothing of substance.The key is to look for an action plan...an actual recipe for success.