Don't be discouraged with the low inventory if your search gets started before spring.4) As you mentioned, I'd start to get to know several areas where you'd like to invest (down to the neighborhood level, not just city).

I do want another management company, I just need someone who can pick up from where they left off at a much higher level.

I want to be able to work with one trusted GC for all future projects, with the understanding that certain bids they provide could be a deal breaker.

Research is one thing, but you have to have someone you can trust when something goes pear shaped at 2 am.Turn-key, as @Hallie Wasserman, suggested may be a good option, but those won't be value-add plays and returns are limited.

Typically, the loan mods that I've seen from the banks and hedge funds involve "deferred principal," and only modify the note and not the Deed of Trust or the Mortgage.  

Each level can go in any direction and any depth of repairs or upgrades depending on your market.

Id say this depends on the level of your business. 

How much work should I be doing such as finding out who the owner is and locating them before I offer the property I've found to the Wholesaler or who ever the person is and their level in this real estate maze.

I have a duplex in Echo Park and I am looking to install HVAC.  It is a top/bottom style duplex with a flat roof and a basement so there should be no issues around ducting. each floor is around 1,100 sq ft  Any idea h...

This house is 3 level tiered house and the garage is the lowest level so it is practically a basement/garage.