The price is about as low as you can go in Southern California.

And at what nominal price compared to the $24mil they paid in 2019? 

My only regret is that I never considered real estate decades ago, but I look forward to this journey and the impact it will have on my family.  

What are the costs for the value adds, the expected hold time, and the expected sale price? 

Fair Market Rent means market price and they move those numbers annually with your local market. 

. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

Price : $100,000,  4126 Laverne St, Oklahoma City, OK 73135, seems like good condition throughout.  3Bed/1Bath750sqftSchools are mostly 2/10Average rent for the zipcode is $950What do you guys think about this deal?

The document that records the sale is called a "Tohon" and does not list a sale price. 

In my experience tenants on the lower end of rent tend to cause more damage than higher price tenants.

It is my understanding that the new owner will have the house at the cost basis of my purchase price, for calculating capital gains taxes or depreciation.For gift tax purposes for you - FMV.For capital gain tax purposes for the recipient - your original basis/purchase price