This is a very complicated transaction, even if it does not appear so on the surface.

Then on top of it there can be lot drainage issues to work out and most likely if you have neighbors they will have something to say about what you build. 

The neighborhoods may look run down and scary on the surface but a crime check website will show you that most those areas are not that bad.

On the surface, this property looks attractive:Sounthern California multi-family house, 6 beds, 3 baths, 1,800+ sq. ft., about $60k est. bid.Besides monthly rental income (if any), what other information do I need from the owner of this property before I'm able to decide if this is a deal or no deal?

Pay special attention to gutters and drainage.

We have already talked about "life events" that a borrower or note holder may face that can cause a note to surface, become public and be discovered in connection with other activities which can also bring in the above mentioned agencies.

In my market I'd be able to tell if that's legit instantly but here I can only say that based on surface research and without getting in the units that seems pretty reasonable.

Similar to mineral and surface rights, air rights can be purchased, leased, sold, or transferred.As you can probably guess, the origin of air rights comes from New York where the real estate market is hot and land is scarce.

Really, nothing may come of this difference if everything goes as planned, things don't always go as planned and tid-bits of how and why things were done have a way of surfacing in court, discoveries are made and new issues arise.I like the KISS method, don't get creative to cover your tracks as there are usually twists and turns that become larger issues than the original problem that needsto be solved

Parking is about 375 sf per stall for surface and 440 for underground.