Funny thing is in these cases, the public utility is the first to notice and often come by to take a look at the meter thinking something is wrong with their equipment.

If you have access to those non public documents, you are ahead of everyone else.

@Christine H.To me, it would be a dealbreaker.Buying a multifamily on the basis of price appreciation is speculation.House price could keep rising and you end up making money (recouping some of your loss in the meantime) or there could a downturn and you'll lose more money when you decide to sell in.If you go ahead with the purchase of that property, you would have to feed that property with cash _every_ single month.Any expenses that you failed to initially account for will have to come out of your pocket.Increasing the rent might be difficult especially if you have tenants who have been living in the property who many years, because of the rent control.

When you stand back and look at the brick house it will appear all the bricks are laid down lengthwise and you notice the rectangular sides of the brick.

In California, if you can get a neutral cash flow you are ahead of the game.

Looks like you are a bit ahead of the curve in terms of research :)Let me know what you find!

Once the original purchase date reaches a 180 maturity, then none of this matters and the flipper can go ahead and make the sale as normal.This was important to me because I was in the process of setting up a flip/sale in a 45 day window.

The weird thing , is that i just did my inspection about 6 months ago.I cannot get a a hold of lessee, i left 5 day notice to quit on table, also sent one certified mail. 

I have noticed that there have been a considerable amount of properties selling in the $100-$130K range in the last six months.

If you want to learn about the engineering, I'd say go ahead.