I'm Realtor and The seller accepted a $50k lower offer and $15,500 in seller concessions.

As the current tenants been there for some times, deposits as well as the rents seems to be lower than what the market suggests.

Therefore, if you plan on selling an investment property to lower your tax liability, you should speak to a real estate tax professional.13.

Am I expecting too much to go lower than $250/sq ft?

If you build (via managing a general contractor), you should (ideally) know more about how the property was built than if you bought an existing home--you know what's behind the walls, and ideally you might avoid anything wrong with buying an existing home with issues you and your inspector didn't catch.I understand there's risk to building--it just seems right now that the risk is lower than buying an existing house--a house where you simply cannot know every detail without tearing it down to the studs and doing a complete remodel.

Its not common knowledge but Inglewood has its own rent control ordinance with a lower barrier that substantial remodel.

Its much easier due to the lower down payment and better rates.

Most turnkey operations also have excellent in-house management as well as real, true and established boots on the ground teams in place to help the buyer protect they’re investment and thereby lowering the investors risk.

A person can lower there cost of ownership, help protect and defend the asset, help with maintaining it AND your not just some PM, you've got skin in it, you suffer if they suffer, you win when and only if they win, your interests are aligned. 

Take that and when rates are lower refi into a stable 30yr.