If your 401k allows for personal loan (check with your plan administrator) - you may be able to borrow up to $50,000 but no more than 50% of your 401k balance.

Going the small-balance agency route would get you 30 year amortization, but I'm not sure if your loan will be over $1 Million?

Assuming your market is out of wack with that pricing, which CA always is, you do not invest.Owners of rent controlled properties are in a very difficult situation, as you will also be in if you buy, so your goal is to take advantage of that fact.

I have had a very difficult time getting an agent that picks up the phone and that has any relevant data for me.

I dont know how to get a bit of a feel for how difficult the homes may be to sell if/when needed.

That will prove difficult since the trustee is likely serving as a "dummy" trustee to give the owners anonymity.

Hi, I am a young teacher from the Bronx, and have come to realize that the Bronx, Yonkers, New Rochelle etc. have all become difficult areas for a beginner.

You are also going to want to make sure that you have experience in the space either from yourself or someone else otherwise it will be difficult to attract investment.

While wholesaling is definitely an area of real estate where investors can be very successful, it is a very difficult area to start out in IMO. 

I'm surprised to hear that you want to do land flipping - and by that I'm assuming that you mean buying vacant land at a discounted price and reselling it.That seems like a much more difficult way to go than a standard fix & flip.