As to your net worth, after you acquire a fractional interest at cost, a year later you can show the fair market value as adjusted under the rules, always see your accountant.What does TIC, TAC, TOE stand for?

A seriously fire-damaged house could cost a lot to restore...much more than 50k.  

I'm a seasoned investor but looking to expand my portfolio.I've been a lurker on this website for a while but his is my first post.I've purchased properties at Trustee's Foreclosure sales (Alameda, Contra Costa and San Mateo Counties).I have a question:  Would any lender provide financing if a property was purchased all cash at Trustee's Foreclosure Sale?

It's an expensive process & takes time esp when they have to 'wrap' the building etc.One of our family members in commercial REI picked up an abandoned home adjacent to one of their commercial sites & it cost a lot of money to remediate the little POS before they could tear it down (& it only had asbestos floor tile throughout).

Don't credit any rent toward the purchase cost as that could convey equitable interest and bring Dodd-Frank and the SAFE Act into play.You should only need to foreclose if you are financing the purchase (not wise under Dodd-Frank) and the buyer defaults.

I would use this on major systems however a simple fix, if not doing it yourself, will cost a trade fee.

I'm looking for recommendations for an agent in Contra Costa County, specifically Concord.  

We turned 9 units, 8 of them probably cost a total of 1000 bucks ,all covered by security.

@Roberto Costa Great, we are so happy to hear you are enjoying the service!

The mortgage on your own home is a "cost"...a one way ticket.