-Whatever you think that you should have done to prevent this, make a note of it for the next hint that you get of a situation with one of your properties going left.

Do you have any helpful hints for finding off market deals at a wholesale price?

@Gita Faust , any hints in the right direction would be greatly appreciated

Any hints would be greatly appreciated!

There would be no broker involved, but you’d certainly want to obtain all your paperwork from an attorney and vet this process through him or her.4)You could do with whatever you wish with your personal loan (Hint: Like lend it out again on more property and borrow against that note, etc., etc.)5)Don’t even think of borrowing from more than one person, giving them a pro-rata share of the collateral on one note.

I think he was hinting to the advantages of spreading costs across many units with Multi family.

He also dropped a $500 reference (and I got the feeling he was hinting to me, but I'm no where near positive).I followed up by sending him some comps of properties that I've bought in the area that justified our purchase price.

It's hardly rare as two on a lot (single parcel) is fairly common in certain areas, especially LA county.LA county is big AND diverse, since you don't even hint at the community or zip code or if this is a big house with a granny flat, pretty hard to guide you. 

And a hint on proportion?

Hint: a few of them/us replied to your question.