Here are some areas where you might find them:BankruptcyDivorceEstate situations, obituary noticesFire Sales, fire department callsForeclosure, pre-foreclosure*Home Owner's Association liensHospital matters, health issues (an agent here picked up deals in waiting rooms!)

When your "WHY" is so big, so strong, so internalized...you will sacrifice almost anything (outside your health and family) and everything to succeed.

I'm going to be looking a few miles out of Century City for these multiplexes, my fiance and I currently work long hours so it does mean more to us than the average couple to stay close to the city for health/lifestyle reasons, but you are right - looking a few miles out is DEFINITELY worthwhile.

It seems the concensus is to put the cost of the warranty away in reserve and find a reputable and economical handyman as needed.

The next level beyond that would be to invest internationally.For me I would value more highly having a brand in a specific city and be able to exercise economies of scale with contractors, materials, etc. over ensuring that I am hedged against any type of economic changes.At some point I think it becomes a "chicken little" type situation. 6 units in 1 city does not seem excessive to me.Another simple way to diversify would be to invest in different types of units.

There is indication that there may have been water damage below the area he inhabits and I fear the worst for them if you catch my drift...How would an experienced landlord handle this situation and what landlord/tenant issues would come into play based on the health conditions of both the tenant in question and, presumably, the health repercussions of those in other units?

Any other legal advice is ILLEGAL and may be very incorrect.Seeking advice from an attorney in the area where the property is located can be a wise and very economical decision considering the alternative.

Section of drain pipe poorly connected into opening into older drain pipe - this is health hazard so need to rectify back entry steps need to be repaired or replacedroof drainage - Have the roof drainage system cleaned and maintained on a regular basis by a qualified gutter maintenance company, do I need flood insurance?

Dion, good analysis from the economic stance.

Understand the difference between an accounting profit and an economic profit.