Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?

As far as any specific requirement on California I would need to do some research for that.  

Let me know if you have any specific questions, and I’ll be happy to answer!

I get the dreamers wanting to pay to get into development and I can see in some markets this would work were its not so intense to develop but in other markets ( and I am sure the Guru just takes your money and does not get into  market specifics) 99% of the folks buying this will never do  anything with it.. it takes decades to figure this out or U need to be with a BIG firm that has millions upon millions behind them..

It is a considerably good price considering the area, I'm just not sure on whether the rental income is worth paying for.Apart from about $10,000 it is fully rennovated and ready to be rented out within 2-3 months.Thanks for any advice!

I recommend honing in on one specific strategy to get started and then go from there.

Do you mind providing some more specific numbers on your opportunity?

I'm eager to learn more about:Identifying undervalued properties: Are there any specific strategies or resources you recommend for finding deals below market value?

Are you leaning toward a specific metro?

I'm currently diving into some older BiggerPockets content from around 2015, specifically The Book on Rental Property Investing by Brandon Turner.