Hope my fellow BP'ers can help, as I am having some issues. 1) given the property being sold as-is and after pulling OPRA report from the city it seems the property has several opened violations/penalties2) I tried speak to the city building department about how I can resolve these violation: " illegal basement apartment" and "no permits for additional unit built in the back of the house" - fines are in hundreds of thousands and have been outstanding for couple of yearsCan you please advise if anyone know anyone who can assist with getting these questions resolved ? 

They will, however reflect on the rent you can get, and therefore the price you can pay.

This is the kind of mind-expanding assistance I'm looking for, and what makes Bigger Pockets such a resource. 

It would make more sense to search for a NOI since the cap rate is only a ratio that reflects risks/desirability of NOI. 

I am looking for a referral to a local licensed general contractor in the Lancaster, CA area as well as a real estate agent to assist me with listing it either for sale or for rent. 

Let me know if I can be of assistance to you.

A quick phone call to a local title company that will assist you with this will best answer your questions.

I can help acclimate you as well as assist in your search for properties.  

If you're still looking let's talk I would love to be of assistance if possible.

I only do it so I have my own MLS log in .. even though I could technically be my wifes assistant but who wants to work for your wife..