Below is the quick data I pulled.  

If your wife wants to go part time quickly then you want to get that squared away first. 

Negotiation LeverageThe long market time gives you leverage—consider making a lower offer with seller financing.Point out the high rehab costs to justify better terms.Offer flexibility (quick closing, interest on seller financing) to make it attractive to the seller.Final ThoughtsYour best bet might be to negotiate seller financing for acquisition and use a rehab loan or private lender for renovations.

But, assuming this is a fairly accurate number, the little I know about San Diego (and quick look on Zillow for multifamily properties) seems like $1.5mm is the minimum asking price for two units.  

These people are living comfortable where they are now but not for long with SCI's practices to just make a quick buck.

Do this quickly because some counties have a time limit on when you can appeal.I recommend you research the market for:- Comparable Property Sales- Condition of your property, including anything that may affect your property's value- If you are really serious, an expert appraisal may be worth the effort.

@Jillian Alonge A HELOC provides quick access to equity for your next property but transferring the property to an LLC via quitclaim deed may trigger the due-on-sale clause—check with your lender.

If you grow quickly or get too busy, you’ll have the funds in place to offload management without stress.5.Hire specialists, not “do-it-all” handymen.

A high property tax rate will increase the taxes more quickly as a percentage of total expenses when the property value increases.

Face-to-face connections can quickly build trust and often lead to referrals.2.Online Groups & Forums:Utilize Facebook groups, LinkedIn communities, and other local online networks dedicated to real estate investing.