3) Chances are HiGH you would make more money putting your tax free capital gains in a bank CD than using this property as a rental. 4) after all that. 

We are very flexible and would highly appreciate any suggestions or recommendations you might have!

- Tenant application and screening reports, background check, etc- Unit walkthroughs- Inspection by quality inspectorFew questions I have are, whats your thoughts on:  1) Rent estoppal letters from tenents? 

You also have to take into consideration this is a condemned building, so you will need to get permits for all the work you will getting done on the property, Also, given that this is SV and not a prime area on the west side your ARV will not be high.

Quote from @Caroline Gerardo:  Servicers have data tools that run all the accounts and flag ones where insurance or title is not a match.

We had a recent FHA quote with 3.5% down in the high 5%’s..What do you expect from the purchase and refinance markets if rates drop by 1%?

I highly recommend taking your deal(s) to your local meetup.

Borrowing from the equity must be done wisely, or you will have negative cash flow and beat high risk due to over-leveraging.NOTE: I use interest rates much lower than they currently are in 2024!

On the negative, the listed price is far too high to obtain equilibrium.  

I would look at comps for high durability designs that are still visually attractive.