Attorney fees and appraisal fees usually outpace tax savings unless several years of taxes on a major assessment are at stake.

Michael Woodward- I appreciate your insight and congrats on making progress towards delegating a majority of your business.

The other major issue with the property appears to be the foundation.

I hated doing the engineering and would have preferred being RE, but there were some MAJOR advantages to doing the engineering while I did it:- Had a steady paycheck while I 'figured out' real estate and where I fit in with it, and benefits of course- The company was contributing to my 401K while I was there which ended up being free money I used later to buy real estate- It gave me time to really figure out my niche in real estate.

I focused the majority of my education on electrical, plumbing and HVAC.

I sure don't come across many natives that's for sure and when I do its so fun talking about the transformation!!!

When you get to mid-rise or high-rise buildings you will definitely be getting specialty inspections of all the major systems in addition to the engineering inspection report.Good hunting-

One of our first homes had a neighborhood street behind it that became a cut-through to a new major road.

I have a major fixer in Oildale that will be ready to and desperately in need of rehab in about a week or two. 

I'm seeing this on majority of bank-owned.