The roof is ok for now, but is a re-roof job and the shingles are starting to "telegraph".

Grab your local adjudicated newspaper, look in classifieds and then under the heading legal notices.Petition for probate, probate of heir-ship, etc, is the classified heading you'll be looking for.

. $20,000.00 annually for 1st 2 yrs. for Reserves.I am deducting for a Vacancy Rate of 5% for $7,860.00 annual loss.Annual Water/Sewer of $10,800.00Annual Trash Pickup $4,600.00 I am using an estimate from another 16 unit within 1 mile for this figure.Annual Electric Service $5,400.00 or $450.00 per mo.Annual Pest Control of $1,200.00Legal and Accounting $2,150.00Elevator Mantenance $1,200.00 verified but condition of elevator is unknown at this point.Snow removal of sidewalk $725.00Advertising for 21 days in the Newspapers $397.05 Verified.Licenses for Rental Property $240.00I am getting Total Annual Expenses of $81,800.05 or 52.88% of Total Gross Income.OTHER FACTORS: Zillow shows this place as a 9 unit and has the value at $600,000.

Provide them with neighborhood crime reports, sex offenders in proximity to the property, necessary repairs, foreclosures in the area, cheap comparables, any signs of distress in the neighborhood (vandalism), news-paper clippings with bad local economy news, etc....It would seem the ideal model might be a lower 1st with higher 2nd?

Originally posted by @Shelley Gross:Do you know any California Trustees who can substitute in on a hard money loan and foreclose on a property You can scroll through the public notice section of any local newspaper and pick up countless trustees from there or, you might try Zieve, Brodnax & Steele, LLP.

Like any commercial or newspaper advertisement, it is in the tiny details.

If the city looks like it's doing a lot to promote business and growth, that's a very good sign.Step four, once you've rooted out the cities that don't have strong local governments, find the local newspaper websites and poke around.When you've narrowed your list to one or two great markets, call brokers, property managers, and local bankers and tell them you're interested in their market and will be visiting shortly.

They never return my calls.One a serious note, These properties usually show up in the local newspaper for an auction or are listed buy a wholesaler.  

(internet, social media, newspaper, print, business cards, networking, etc etc etc...). 

@Billy Bell and @Kenny Dahill some additional thoughts.The $15 newspaper charge makes sense.