There needs to be a name coined for this.This may be a great way to start evaluating properties in the south bay as well.

a number of them were issues I did not count for which tells me i did not evaluate it very well during the initial walk-throughs. 

I am a newbie here, and just listened Brandon's recent webinar "How to Evaluation and Offer Rental Estate Deals".

If I were writing the offer, I'd evaluate the property based on the cost of this repair by either asking for a price reduction equal or greater than the price of repair, or for the seller to remedy the situation prior to close.

I'm about to pick through J Scott's book on rehab cost evaluation. 

So I am learning more and more Bout Podio and really like it.

We are evaluating investing in a couple of Brewerytown 3 unit properties.

I think the best way to evaluate an additional investment is "Return On Investment".  

Will need to re-evaluate the economy, stock market, interest rates, unemployment, jobs, case shiller, consumer confidence.

Back Story: The current owner had this land in his family for bout 100-150 years.