@Brandon Pelfrey It depends on the noise level, but if there is a meaningful noise level, you should be buying at a discount that reflects it.Don't forget that when the time comes, it will also put a dent in resale value.

Hello everyone, been doing a lot of listening to the podcast and it has sparked me.

Hey @Roman Ladijensky - The chart that @Mike D'Arrigo has provided is meaningful. 

You need to find out the real value, and the assesments are not likely to be meaningful.

I'm so very excited to get started (eventually - hopefully soon, money's tight being a recent college grad) but before I do I wanted to not only reach out in an attempt to build some meaningful relationships, but to also seek advice from some well versed real estate investors.

And it has sparked an interest in buying more established businesses going forward.

There is absolutely no possible way that $7k is going to make any meaningful impact on whether this property makes a good investment or not.

Whatever it is just focus on taking meaningful action every day toward your goals. 

In Cali, the good areas usually outperform the not so good by such a significant margin that if you can go to the better locations the results could be very meaningful long run.

I personally would hire an inspector they (we) may be generalists but its a valuable and meaningful service.