He is pretty good at explaining how to detect changes in a market.

My realtor also did not have me do anything until the final two weeks before the closing in case the bank changed their mind.

The remaining half has an unnecessary (per existing city code, though they are considering changing that) parking lot and two very old residential units.

@Garrett Holbrook It says the owner is currently trying to get occupancy changed from single family to 2 unit, that might have something to do with it also. 

Oddly enough, many of the residents on the street have been there since the 80's, but have changed which unit they lived in. 

This approximately gave us 250K to buy a passive purchase all cash and not have to worry about the interest payments, giving us the option of cash out refinancing or keeping our powder dry for other future acquisitions.I most interesting thing about this decision though is it has change the mindset of my previous investment strategy.

She is now divorced and since the divorce happened in the 80s says she doesn't have any of the paperwork that came with it to prove her name changed.

And ideally, you have multiple PM options for the area.As for laws... remember they can change at any time. 

This gave me a great look at expenses (when and how much) and changes in rental income. 

I've changed 2 property managers in past 3 years and both treated the property as 'just a number' - so I decided to take it into my own hands and stay on top of repairs and tenant issues.Thanks.