@Brandon Whitaker  I wasn't implying I wanted this deal.

"too good to be true"  implies these scenarios.  

Same author, Nassim Nicholas TalebHaving a cushion or multiple ways to win helps reduce the damage when the error happens. 30% equity when you buy implies that a correction is not as likely to hurt your overall position.

In others, deposits must be held in an interest bearing account and the deposit+interest refunded as appropriate.The Equity; Deposits Held and Liabilities; Deposits Received are as generic as possible and do not imply specifically WHERE deposits are located.I move the Equity; Deposits Held funds into another account altogether in a separate Credit Union to avoid all these issues.

There’s been a huge loss of value through the implied apartment cap rate.

The neighbors will have lots of valuable insight and once they figure out that you are there to help solve a problem they have, they will be glad to tell you everything they know in most cases.When I was a baby broker just learning the ropes, one of my trainers said something that stuck with me for all these years:SW SW SW(Some will, some won't, so what)

I don't know what they imply as to the water bill.  

The UT about a week ago had an article that indicated what rents had increase in the past year in San Diego county and implied that they were expected to continue to rise.

People are more likely to invest time in you, if they see you have already invested some time and effort.You may want to skip the word "Mentor"As J Scott says above, asking for someone to "Mentor" you implies a responsibility.

Or at least, that's what that article was implying.