It's worth paying a premium for the brick buildings that were built for multifamily.

In addition, you would need enough working capital to pay for insurance (which will be going up a LOT in Los Angeles) and to pay for property taxes.Don't buy this unless you have substantial resources and a cash cushion to keep yourself safe.

More than happy to partner up or pay for the deal itself.

If you truly are limited on time or can't make investing a priority, you should look for smaller projects as others have recommended.1) General Contractors are available to run your project, but most are too expensive to make ROI work on smaller projects. 2) A great PMC can act as a Project Coordinator for rehabs, but many won't be transparent about the costs, so you know what you are paying for.

SO expect to pay a premium based on what the potential value of the building can be once maximized and stabilized.

I currently use Followupboss, prop stream, I alternate between calltools and mojo, I've also tried smarter contactIm looking for a CRM that incorporates all of this but Im not paying a crazy amount.  

Regarding your other questions:  - If the going value is $260/SF, why would you pay more than that?  

Somebody somewhere had to pay for that real estate at some point and has continued to pay for it since.

Up to the investor to decide what it is that they want to pay for.

How do you pay for the tax and insurance?