I have experienced such a system first hand for a very long time and know better than to bang my head against a brick wall trying to change the "system".

If I were more experienced or if I lived in the area, I would totally find someone to split it up with and wholesale them out! 

I'd encourage you to reach out to more experienced investors in your area!

I'd encourage you to reach out to more experienced investors in your area!

No better, no worse.Yes, the rental market here is incredibly tight - I've also been experiencing the 50 responses to an ad / I'll offer $X over asking for just about every turn the past 2 years.

What works for the individual is always key, however Ca. does have a boom/bust market, as you have experienced.  

I'm especially interested in learning how to successfully flip properties, as well as, renting out single-family homes or small complexes.I'd also love to connect with experienced investors either in my area or through this site.

Inside the old panel we found several breakers that were literally ready to fall apart & they had obviously had experienced some arcing.My 200amp upgrade cost about $850 including parts, final inspections, 2 breakfasts & a lunch.

Your ground lease is in force for the sixty five years base all your numbers on the lease taking in account cost of living increases built into the lease  the only danger is what happens at lease expiration or if the owners sell the land You could be in for a steep increase sixty five years for now or have a buy out offer form the new owners in case of a sale As i said before get a copy of the ground lease, and the rents rolls for the tenants and run it by an experienced commercial lender No need to worry until you get the facts You have an inside deal which can be the most profitable or might make a good wholesale sceanrio

Once I find a good turnkey company to work with, I can learn from an experienced mentor along the way.