Oh, and the property has an incorrectly filed/invalid $2,600 water lien that I need to challenge.

Although seperate meters does not automatically mean legal either.Tax records on multis are correct about 80% of the time on unit count and are incorrect about 20% of the time.

I’m a very new to this, so I could be incorrect, but I think on a fourplex you will have to use actual comps for the area.

My big issue and one that has me really fired up and trying to get a refund on the appraisal, is that after two attempts and them stating they fixed wrong info on the report in a email, the report is still incorrect. 

I'm receiving conflicting info - SD City has a bulletin that says they do, but then I emailed the city and the person said they don't... wondering if the city person was incorrect or if the bulletin is out of date.ADU Bulletin - July 2021ADU Quick Facts - April 2022

Here's a run down of how I calculated our costs on a potential offer last week...perhaps you can shed some light if my math is incorrect, or if its just that cash investors don't care they are over-paying for property:4 BD 1.5 BA -  asking 100K, assuming it closes at 125K and rents at 1200. 

I suggest, really do, that you stay away from trying to read investor stuff, especially guru stuff as it will mess up your mind in learning the basics, you'll get bad and incorrect information on the internet from the general public.

Some weird quirks and twists with those, but easy workarounds.Atlanta has definitely been a hot market, but Houston is probably the next biggest one for those hoping for warm-weather locations.

One of the interesting quirks of Korea real estate investing.That's interesting info to hear about Kyoto and the Japanese market.Here's a link to a video of our last Meetup:http://katch.me/seoulreimeetup/v/3fb8deb1-2160-349...If you're ever visiting Korea, feel free to reach out.

I may have to get the endbuyer to put the funds in escrow in case the deal doesn't close (assuming the title search I've done is incorrect).