Maybe look in another near by city or state, your not managing your self so being close won't matter.

Soon after the crash I was able to purchase a near by unit for the new rock bottom prices.

Search for the property itself, then in the right margin there should be a "nearby similar sales" link.

This could be a strategy to move to a nearby park you do like.Hope this helps and makes sense.Thanks for the shout out Andrew S.Talk soon,John Fedro

I'm not trying to stock pile cash or be the next Donald trump. : ) To the point/goal.

Assuming the developer would pay the same price per square foot for this parcel that they paid for the large lot, it would go for twice what the owner is asking.Assuming this property isn't bought from me by the developer, it would be a great parking lot as it could service the nearby university/hospital as well as provide overflow for the MFR, it could also be potentially be rezoned commercial and be a great restaurant location.I'm trying to find a local commercial developer/investor to talk through options.

Yet, the principle of helping others do better brings me a sense of fulfillment.I really would like to invest in the IE (inland empire), because I think LA and nearby areas are supersaturated with investors already.

If you are interested in properties here, and you need some one to physically look at the property for you and its near by, let me know.

If there are a lot of people in the apartment, all the time, perhaps you could park nearby and take pictures of them and note the times and dates.

I will definitely put granite in the kitchen and maybe tile the tubs.This is a nearby sale (with very ugly photos) with the same floorplan from last year, before the prices started really zooming up in the area.Nearby cloneHere are my numbers if anyone is interested:Purchase price: $114,000 (no closing costs or financing; acquired as a sub-to)Estimated fixes: $20,000 (I think this is pretty accurate, as we just had it inspected for the sale)Holding/selling costs: $10,000ARV: About $160KI know it's tight, but I'm new at this.