So Baby Momma ain't too keen on Modesto either.Fresno?

Meant to come back to this thread to answer Rich's question, but Ron pretty much echoed what I was going to say with respect to foreign currencies.In my opinion, both the New Zealand dollar and the Aussie dollar are good diversification mechanisms, as their value is tied heavily to the natural resources coming out of those areas (as opposed to being tied to the US dollar).Plus, Australia and New Zealand have proven that they're not too keen on following the actions of the Federal Reserve; correlation to the US dollar is relatively low, and even interest rates are still relatively high in those countries.

Next, I would check with the City for any zoning violations, fines, tax arrears or unpaid utilities.If the things you can check from your kitchen pan out, then go see the property itself and pay keen attention for deferred maintenance or structural issues.Your gut is correct, if it was a screaming deal, it would be gone.

I am keen on exploring subterranean home designs as well as alot of my lots are hillside.

Overall looks like you are reviewing the investment with a keen eye, best wishes on a solid investment.

The definition of insanity is expecting different results by doing the same thing, so I'm not keen on sending out another check/docs via USPS mail. 

However, what I AM is an actual landlord and as such, I am keenly aware of what does and does not work as "evidence" in court for both evictions and for criminal prosecutions.

Foreign money remains keen on US real estate.

And we don't partake in courthouse in CA.. dollars are too big for us.. and competition is keen.. you need to be vertically integrated like Brians company. 

We have contacted the local police to remove them but I have been told the police are not keen on doing that (although it is the law) so we will run down that path until it is done.