That's a significant discount --- I wonder if they are seeing a decrease in homes posted.

Who cares what the property taxes are?

I’d be very careful about who you replace this tenant with. 

@David Moore @Daniel Godbout Hi, I was wondering if you could share any updates.

I think it's probably less common here but I've often wondered about how difficult it would be to convert a detached garage, etc. on a property from a legal standpoint.

It's just water, if it was taken care of it is not a permanent problem.Did you have an inspection?

While it is possible to convert an investment property acquired through a 1031 exchange into a primary residence, this requires careful planning.

Quote from @Peter Walther: Quote from @Bob Floss II: I don't know the laws in your area, but tread carefully assuming a judge will award specific performance when money damages are available.  

So I'm wondering how this works in practice.Another big question on running these properties with a management group would it be maybe possible to make the properties look better to a lender? 

Without the high leverage you reduce the top source of return in CA RE which is achieve via the appreciation on a high leverage property.