Did you mean the alley is 8 ft wide, not inches? 

There is no way to really get an adequate perspective because there will always be a very wide variance of thought processes.

If you're already in a secure financial position, leveraging your equity could be a smart strategy.

Since the property is in Los Angeles County, I expect the eviction could take 4-6 months, followed by another month or two to secure new tenants.

I help business owners and investors raise capital usually connecting them with partners who can secure $75k-$100k at 0% interest for 12 months.

A very wide range of property managers are incompetent and feckless.

I am an investor in debt DIRECTLY secured by REAL ESTATE.  

This provides you with a safety net for any unexpected expenses during the rehab process while also potentially allowing you to secure higher leverage on the purchase price.

I've wondered that myself and thought: If an investor was looking for birddogs why would the birddog have to pay the investor money before they began securing leads for the investor, that the investor would then in turn give the birddog an investor's cut on the profit end???

You have engaged and paid securities attorney and are compliant with Reg D offering