I did entertain some stuff in Chula Vista as an exercise in research mostly. 

You can look at quite a set of numbers-- 6, 7, even 8 figures--if you just pay yourself first and utilize index funds (especially tax free/deferred).But real estate let's you profit from your own hand, interact with others (especially self managing), and even get some exercise (snow shoveling in winter or painting in summer). 

Hi.We are switching property management companies in CA for our 4 plex and one of the terms on the new manager's agreement is as follows: Indemnify, defend and hold harmless Property Manager, and all persons in Property Manager's firm, as permitted by law, from all costs, expenses, suits, liabilities, damages, attorney fees and claims of every type, including but not limited to those arising out of injury or death of any person, or damage to any real or personal property of any person, including Owner, (i) for any repairs performed by Owner or by others hired directly by Owner; (ii) for those acts relating to the management, leasing, rental, security deposits, or operation of the Property by Property Manager, or any person in Property Manager's firm, or the performance or exercise of any of the duties, powers or authorities granted to Property Manager;Anybody else see Indemnity clauses in their property management agreements?   

  - Exercise- Sleep well, address any sleep issues. 

Condemnation is the name used for the exercise of eminent domain power.

It states that:[T]he corporate form may be disregarded and individual shareholders held liable for corporate misdeeds when (1) control over the corporation by those to be held liable was so complete that the corporation has no separate mind, will, or existence of its own, (2) control over the corporation by those to be held liable was exercised in such a manner as to commit fraud or an illegal act against the person seeking to disregard the corporate entity, and (3) injury or unjust loss resulted to the plaintiff from such control and wrong.The test is conjunctive and requires that the plaintiff can satisfy all three prongs of the test.

Then either exercised the option or sold the property with a double closing. 

My suggestion is you teach yourself how to "read" comps, all the data points e.g. price per square foot, lot size, bedrooms, baths, number of rooms, and how to categorize by distance from the subject property (a 3bd 2 ba home 1/2 mile from the subject in the same zip code might be a far cry from a similar home 1/2 a block away).Go look at comps as an exercise.

So, your purchase price would need to allow for you to make a profit even if you had to exercise plan D.Your biggest goal is to keep all of your expenses under 15% of ARV and try to net 15% of ARV.The expenses that you will need to consider are:You buy a house at 65% of ARV ($65,000) - repairs ($15,000) - your assignment fee ($10,000).

Is the seller now willing to take a price that's enough less than the option strike price for you to take a slice and still leave enough profit to be attractive to your buyer if the T/B does decide to exercise the option?