This business is real now it’s called Kim’s place in OKC her web page sucks but every one in the agency knows the location.

That's what seems to really turn areas around .Sounds similar to what happened in Cincinnati in the over the Rhine area although I don't know if Indy hoods were as dangerous .Over the Rhine was called one of the most dangerous neighborhoods in America at one time but now it's a bunch of lofts and looks to be pretty hip .How much would you say prices have increased in Indy areas since a few years ago ?

The only similarity I see is BitCoin was an investment vehicle which until recently was the domain of the professionals who understood it well but now its become a mass market casino where everyone with $200 in his pocket thinks he can partake and make it big.

I got it for a good price and there were several other options with similar returns. 

I heard through a BP podcast and from other investors that Loopnet and other similar sites are the "bottom of the barrel" when it comes to RE finds. 

In other words, I attempt to follow advice similar to what @Michele Fischer mentions above, You're goal is to be firm that any old pet can not be emotional to avoid fees, but you don't want be the next court case.

This is very similar situation that i worked with six SFH in FL.

With such a housing shortage and spending what appears to be similar headaches I would like to try new builds.

Wow this question is so vague I have no idea how to give specifics...On a 10' x 10' room (similar to your standard bedroom) I can remove everything down to the studs in one day.1/2- 3/4 day to rewire (simple cosmetic such as changing the number or location of outlets if you're actually changing the wires itself up to higher codes it can be 3+ days depending on how the house is wired and accessibility)1/2-1 day to insulate1/4 day for any windows or doors that would need replacing for the 1 room2 days for drywall (so long as the studs are straight and level)25 hours of taping (+/- 5 hours depending on the number of corners/edges) spread over 7 days usually front loaded 3-4 hours the first 2 days, then 2-3 hours for the remaining 5 days.2 days painting; 2-3 coatsflooring will depend on the product you're using but unless it's hardwood or laminate you can usually get it done 1 day.1 day trim and molding1 day clean and finishing touches.One thing that shouldn't be overlooked is the time it takes to purchase the materials and get them to the job site.Another is where you can actually do the work.

I would assume downtown LA is somewhat similar to downtown SD.